ML-Implode News - Trump's Mexico Trade Deal Looks Like a Lemon

Based on the NHTSA's data, there are just three models made in Mexico that are currently exempt but would attract tariffs under the new regime: Nissan Motor Co.'s Versa Sedan, Audi AG's SQ5, and Fiat Chrysler Automobiles NV's Fiat 500. Of these, only the Versa sells more than a handful of models in the U.S., with 106,772 vehicles shipped in 2017.
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The wage rules are likely to be tougher, though even there the devil is in the detail. Almost all non-Nafta content in Mexican-made cars sold in the U.S. comes from Germany, Japan or South Korea, where total compensation typically takes pay well above $16 an hour. So unless the requirement relates solely to Nafta workers earning at least $16 per hour (full details haven't been released yet), the rules will only really affect vehicles that are at least 55 percent made in Mexico.

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Trump's Mexico Trade Deal Looks Like a Lemon