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Nissan Could Move Production Out of Mexico over Trump Tariffs
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Nissan is considering relocating its production out of Mexico due to tariffs imposed by President Trump. The company exported 320,000 vehicles from Mexico to the U.S. in the current fiscal year, and with potential high tariffs, they may shift production elsewhere. This move could significantly impact Mexico, as Nissan produced approximately 670,000 vehicles there in 2024, with 450,000 exported. Trump's tariffs, which were temporarily halted after discussions with the Mexican president, aim to enhance trade reciprocity and support U.S. economic interests.
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