A Mexican-US trade war over cars would have “relatively limited” impact on the US – but would be terrible for Mexico. “If it’s a rejection of international trade in a wider sense, the implications are much more severe,” he said.
The impact on cost and number of vehicles made may be negligible in the U.S., but I can certainly see an increase in illegal traffic attempting to cross our border. If these high tariffs do happen, best hurry and get our immigration enforcement in order and that border wall built!