Mexican Economy Minister says autos exported to US will face average 15% tariff, not 25%

Mexican Economy Minister
Marcelo Ebrard:

cars assembled in Mexico and
exported to the United States will face an average tariff of
15%, not 25%citing additional discounts that local products
benefit from

Reuters with the info.

This article was written by Eamonn Sheridan at www.forexlive.com.