Trump Warns Mexico Won’t Sell ‘A Single Car’ in the US if He Becomes President

Donald Trump warned on Tuesday that Mexico “won’t sell a single car in the United States” if he wins the upcoming presidential election, promising to impose severe tariffs to bring companies back to the US.

Speaking at the Economic Club of Chicago, the Republican candidate described Mexico as a “tremendous challenge” for the United States at this moment.

“China is building enormous car factories in Mexico,” Trump claimed, adding that these cars will be sold in the US because Mexico’s proximity to the border offers “all the advantages with none of the disadvantages.” He predicted that this would spell doom for key manufacturing states: “That will be the end of Michigan, the end of South Carolina, frankly, the end of everything.”

If elected on November 5, Trump threatened to impose tariffs as high as 100%, 200%, or even more, arguing that this would compel companies to relocate to the US. “The higher the tariff, the more likely they’ll come to the US and build factories to avoid paying it,” he asserted.

According to Trump, these tariffs would have a “massive” but “positive” impact, dismissing concerns that they would increase consumer costs. However, many economists warn that such policies could lead to rising debt and inflation. Trump, who claimed to be “very good at math,” dismissed these concerns, saying, “If the tariffs are high enough—so terrible, so odious—companies will return immediately.”

Beyond Mexico, Trump also criticized other countries, including US allies, accusing them of taking unfair advantage of the US economically, even more so than its adversaries. His remarks signal a return to his hardline trade policies, heightening concerns about future disruptions in global trade and cross-border investments.

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Ignacio Teson
Ignacio Teson
Economist and Financial Analyst
Ignacio Teson is an Economist and Financial Analyst. He has more than 7 years of experience in emerging markets. He worked as an analyst and market operator at brokerage firms in Argentina and Spain.
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