The President of the United States, Donald Trump, has confirmed his plan to impose a 25% tariff on Canada and Mexico starting February 1. Despite the Mexican government offering a 'historic level of cooperation,' according to Karoline Leavitt, spokesperson for the White House.
During her first press conference, Leavitt mentioned that Trump has made clear his expectation for cooperation from all nations in the repatriation of their citizens and his firm stance against illegal immigration in U.S. cities.
Paul Jacobson, the company's chief financial officer, expressed that they have been preparing for this scenario and seek to act prudently, without exaggerated reactions. Since the beginning of his term, Trump has stated his intention to address what he sees as 'unfair and imbalanced trade,' especially with countries with which the United States has a significant trade imbalance.
The threat of a 25% tariff on Mexico and Canada, and possibly a 10% tariff on China starting February 1, remains in effect. The Trade Representative will inform Congress committees about the operation of the USMCA.
At the same time, the White House has begun offering severance packages of up to seven months' salary to federal employees who decide to resign before February 6, as part of the restructuring plans proposed by Trump.
Regarding border security, Trump has praised Mexico's 'historic' cooperation. Meanwhile, he has criticized his North American partners for not doing enough on immigration issues and in the fight against fentanyl trafficking.
In the face of potential sanctions, General Motors, which assembled nearly 900,000 vehicles in Mexico in 2024, is evaluating options should tariffs be applied.
