🚨 Tariff Hikes Alert 🚨
Starting Jan 1, 2025:
Polysilicon/Solar Wafers: 25% ➡️ 50%
Tungsten: 0% ➡️ 25%
Why it matters: Solar is booming in the US, but 80% of materials come from China. Biden aims to boost US supply chains. Will prices soar? 💬
#SolarEnergy#Tariffs
Manufacturers in Mexico, especially in the auto sector, face a tough road:
1️��� 2026 USMCA revision may bring stricter U.S. protectionist measures.
2️⃣ Limits on U.S. imports of China/Russia-linked connected vehicles.
3️⃣ Heightened IMMEX compliance audits.
A "perfect storm" !
The incoming administration may impose steep tariffs:
Up to 60% on goods from China
25–100% on imports from Mexico
10–20% on imports globally
Businesses should evaluate supply chains, explore alternatives, and adjust contracts to mitigate risks. #Tariffs#TradePolicy