Country would lose trade deal

In addition to impacting consumers' wallets, President Trump will harm his auto sector and other sectors in his own country if he imposes tariffs on Mexico and Canada. Credit: Xinhua

Despite the fact that an extension was granted for the implementation of tariffs , if the situation continues as it is in the automotive industry, Mexico could lose its comparative advantage over Japan and the European Union, which achieved a 15 percent tariff in this sector, experts warned.