From Jalopnik · Amber DaSilva · · 1m 20s
U.S.-Mexico Trade Deal Falls Apart
U.S. trade deal with Mexico collapses as Commerce Secretary opposes tariff cuts.
In brief
U.S. trade deal with Mexico collapses as Commerce Secretary opposes tariff cuts. U.S. and Mexico's trade talks stalled after Commerce Secretary Howard Lutnick rejected tariff reductions on cars and metals. Originally reported by Jalopnik.
Trade Talks Break Down
U.S. and Mexico trade talks stalled after Commerce Secretary Howard Lutnick rejected tariff reductions on cars and metals.
“Progress toward a US-Mexico tariff deal has stalled after opposition from Commerce Secretary Howard Lutnick”
Salespeople Leaving Dealerships
Canadian auto dealership sales consultants face 54% annual turnover rate as dealerships restructure workforce.
“Turnover at Canadian auto dealerships rose sharply in 2025, led by sales consultants whose annualized turnover rate jumped 21 percentage points to 54 per cent”
U.S. Oil from Shadow Fleet
U.S. considers easing restrictions on oil from shadow fleet tankers amid Middle East tensions.
“Brent crude was little changed on Thursday as investors weighed possible US steps to ease restrictions on the world's "shadow fleet" of tankers”
Toyota Doubles Down on Canada
Toyota maintains Ontario production despite U.S. tariffs as 85% of vehicles target U.S. market.
“The updated, hybrid-only Lexus NX is one of three models made at Toyota's 38-year, old factory complex in cambridge, ontario”
Tariff Disagreements
Lutnick opposes 25% tariff on Mexican automobiles and 50% levies on steel and aluminum.
“Lutnick has opposed significant reductions in the 25% tariff on Mexican automobiles and the 50% levies on steel and aluminum”
Dealership Turnover Crisis
Canadian auto dealerships see 36% annual turnover rate as sales consultants leave industry.
“Overall annualized turnover across dealership positions climbed five points to 36 per cent in 2025”
Shadow Fleet Oil Talks
U.S. may allow oil from sanctioned vessels after Trump temporarily lifted Russian diesel sanctions.
“The new talks centre on washington potentially allowing "legal oil" to flow on previously sanctioned vessels”
Toyota's Canadian Production
Toyota plans to produce hybrid Lexus NX in Ontario starting December despite U.S. tariffs.
“Toyota Motor Corp.'s latest compact crossover will roll out of a plant in ontario starting in december”
U.S. Tariff Impact
U.S. tariffs force automakers to reconsider global production plans and shift manufacturing.
“U.s. tariffs have automakers reconsidering their global product plans”
The bottom line
U.S. and Mexico's trade talks stalled after Commerce Secretary Howard Lutnick rejected tariff reductions on cars and metals.
