ASSESSMENTS
For Mercosur, High Auto Tariffs Are All Part of the Game
Sep 18, 2018 | 09:00 GMT
(YASUYOSHI CHIBA/AFP/Getty Images)
Highlights
- Most of the Common Market of the South's auto production stays within the trade bloc, better known as Mercosur.
- Mercosur has been taking gradual steps toward lifting the trade barriers around its automotive market by reducing import tariffs.
- The European Union and Mexico will be the trade partners likely to benefit the most from Mercosur's trade liberalization policies.
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