Mexican auto industry shrugs off Trump tariffs as Canada struggles

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Open this photo in gallery: The world’s carmakers have transformed Mexico into one of the world’s biggest manufacturing centres.Margarito Perez Retana/Reuters There are early signs that Mexico’s low-cost automaking industry is better prepared than Canada’s to weather U.S. President Donald Trump’s trade war. Mexico’s auto exports fell by 11 per cent in April, the first month the tariffs were in place, compared with a 23-per-cent drop in Canadian car exports. In May, the decline in Mexican car exports was just 3 per cent, according to the Mexican Association of the Automotive Industry. While Canada’s corresponding number will not be available...