General Motors could be impacted by new Mexico trade rules — Panjiva
MENU

Panjiva_research_logo

General Motors could be impacted by new Mexico trade rules

Cons. Discr. - Autos 1122 Energy - Crude Oil 294 Industrials - Aero/Defense 192 Mexico 845 U.S. 5231

New customs regulations in Mexico have added additional paperwork to shipments. This may complicate shipments as all parties in the supply chain work to adapt to the new regulations. Failure to comply could result in fines, and likely gives an advantage to companies that have more digital process to manage the additional load. The biggest impact may be seen by U.S. companies. Panjiva data shows Mexican exports to the U.S. make up 96.7% of Mexican exports, benefiting from USMCA and NAFTA. Additional logistics costs could be passed through to customers, but shipping overland from Mexico is...

Copyright © 2021 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.