Valeo says 90% of its Mexican products imported into the U.S. are now USMCA compliant
29/04/2025 17:00
April 29 (Reuters) - French car parts supplier Valeo VLOF.PA said 90% of the products produced by the group in Mexico and imported into the U.S. are now compliant with the United States-Mexico-Canada-Agreement (USMCA). "Valeo has also implemented measures to mitigate the direct impact of tariffs, conducting an exhaustive review of its supply chain in order to do everything it can to reduce the basis for the new tariffs", it said. (Reporting by Mathias de Rozario in Gdansk; Editing by Jan Harvey) ((mathias.derozario@thomsonreuters.com;))