Recently, President Trump announced that he would impose a 5% tariff on all goods coming from Mexico into the U.S. beginning June 10. Further, this tariff will gradually increase to 10% on July 1 and another 5% each month thereafter until they reach 25%. The president hopes to use this tariff as leverage to get Mexico to work with the U.S. in addressing the immigration issue.
The impact of a U.S.-Mexico tariff will have much larger ramifications for Mexican and U.S. businesses. As a roll forming manufacturing company with a facility in Mexico, Roller Die will be paying close attention to this tariff and the ongoing discussions. This new tariff is different from the U.S.-Mexico-Canada trade agreement currently under review in Congress.
While tariffs are not good for any business, customer, supplier, or consumer, there are still plenty of advantages to working with Roller Die + Forming in Mexico. For many of our customers who also have facilities in Mexico, the logistics of having their roll form parts supplied nearby are clearly advantageous. Our lean, clean, and smoothly-run facility consistently receives positive reviews and praise from customers.
Serving many different industries including automotive, construction, appliance, truck trailer, and more, our experienced sales staff can review your project and help you take advantage our many in-line processes and roll forming benefits. Reach out today to learn more.