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International Business Times
International Business Times
Business

Mexican Official Dispels Rumors Of General Motors Moving Business Back To US to Avoid Trump Tariffs: "No One is Going to Leave Mexico"

General Motors United States Mexico Claudia Sheinbaum Marcelo Ebrard Donald Trump Mary Barra GM Latin Times
General Motors headquarters in Detroit, Michigan (Credit: Latin Times)

With President Donald Trump's proposed tariff's on Mexican goods set go into effect on February 1, rumors surfaced online about automotive manufacturing company General Motors potentially pulling out of Mexico due to the tariffs.

But Mexico's Secretary of Economy Marcelo Ebrard stated on Jan. 29 that "no one will leave Mexico," adding that GM, one of the world's largest motor-vehicle manufacturers, will instead "adjust" in case Trump's tariffs are introduced.

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