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India’s $1-billion car export industry to Mexico is expected to take a significant hit due to imposed tariffs, with Volkswagen appearing to be the most vulnerable.

India’s $1-billion car export industry to Mexico is expected to take a significant hit due to imposed tariffs, with Volkswagen appearing to be the most vulnerable.

Mexico’s decision to impose tariffs of up to 50% on hundreds of items, including cars, from countries without trade agreements, such as India and China, is set to significantly impact India’s $1 billion car exports to Mexico. The move is expected to affect...