If that doesn't work, which it will, I will close the Border," he wrote"This will supersede USMCA," he added. The statement could undermine the ratification of the trade deal, which is meant to replace the North American Free Trade Agreement. But the three automakers have loudly protested Trump's previous threat to impose tariffs on vehicles and auto parts from around the world. While US plants could stand to benefit if tariffs are put on foreign vehicles, taxes on auto parts could have a crippling effect. Some US companies have plants in Mexico, and the tariff would make those cars more expensive for Americans.

Source: CNN April 05, 2019 22:09 UTC