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COMING UP:Share Opener Variant 3

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fruit and vegetables televisions and trucks all made in Mexico and all in the firing line if US president Donald trump's newly announced tariffs on products imported from south of the border in the two and a half decades since the north American free trade agreement went into effect Mexico's seen a boom in manufacturing and trump's tariff to Crete if it goes into effect is likely to hurt many industries that are at the heart of that , but the biggest victim could be the global auto industry almost all of the world's biggest what I make is now build vehicles in Mexico and much of the country's new production capacity is focused on making comments Ford GM fiat Chrysler Volkswagen Toyota master and Honda all operate plants in the country making popular models like the Dodge ram Chevy Silverado jeep compass and Ford fusion and where they go when they roll off the production line mostly to the U. S. in twenty fifteen seventy percent vehicles made in Mexico was sold north of the border and that means trumps Mexico tariffs could cost some of the world's biggest border make is a lot one analyst telling roaches margins are so thin in the US auto market what I make is will have no choice but to pass the new costs directly on to the customer investors in Asia with some of the first to react to trump's tweets and it didn't look good manners dishes in Tokyo fill nearly seven percent on Friday morning with Toyota and Honda bows down around three percent and at the open of European markets Volkswagen was also down another big impact of the tariffs will be on the galaxy of companies that supply parts and components food you cons things like radios seat belts airbags and time it's according to one industry analyst components can move back and forth between Mexico the US and Canada up to twenty times before they finally make their way into a finished vehicle and that could significantly multiply the impact of the Mexican tariffs on the cost of making comments meaning the conditions that attracted the world's biggest automakers to Mexico in the first place cheap labor and proximity to the B. quarter market of the U. S. may not be so attractive anymore