Samsung and LG Consider Relocating Mexico-Based Production to the US Amid Tariff Threat
2025-01-24 / Read about 0 minute
Author:小编   

Following his election victory in November, President Trump proposed imposing tariffs on Mexico in an effort to strengthen his negotiating position on issues related to drugs and immigration. In response to this potential tariff threat, Korean companies with production facilities in Mexico, notably Samsung, LG, Hyundai, and Kia, are reportedly contemplating shifting their production from Mexico to the United States and South Korea.