It seems that Donald Trump is managing to sow fear among automakers. The idea of imposing tariffs on all those products manufactured in Mexico has now managed to change the direction of certain investments.
Following the announcement by Ford not to make a high investment in Mexico and bet on the United States, it was Toyota that received the touch with the threat of raising taxes on all the Corolla produced in the neighboring country. BMW is now the one that suffers the threat.
Trump has said that if BMW goes ahead with the idea of installing a plant in San Luis de Potosi for Series 3 production, they should be made to believe that these models will reach the US market with an additional 35% Which would make them impossible to market because they were too expensive.
BMW seems to go ahead with its project given that Mexico has a Free Trade Agreement with other countries in South and Central America, which would allow it to reduce tariffs in many of those places. What is not clear is whether the Mexican Series 3 will end up in the United States.
Anyway Trump seems that should not push so much to manufacturers. At the moment BMW owns a plant in American soil from which leave some models "X". If at any moment the German firm is threatened it could think about its closure, something negative for the more than 70,000 people who work directly and indirectly for BMW.
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