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investments | Italian companies | Mexico | Trump's Tariffs | economy
About 20 Lombardy companies in auto parts, industrial paints, and aerospace are exploring investments in Mexico City, Querétaro, and Guanajuato, despite concerns over Donald Trump's tariffs, according to Lorenzo Vianello, president of the Italian Chamber of Commerce in Mexico (CCIM). Italian firms have invested over $7.73 billion in Mexico in the past 18 years, including $3.3 billion in new…
U.S. President Donald Trump’s new tariffs on Canadian goods, set to take effect on April 2, are raising concerns in the machinery and manufacturing sectors. While Trump argues the move will help American farmers by reducing foreign competition, industries reliant on cross-border trade, including Italian manufacturers, are bracing for impact.In the long run, Italian companies that supply machinery…