Samsung has decided to stop any future investment in Mexico over economic doubts caused in part by President Trump’s proposed tariffs, according to Roberto Vega Solís, president of Mexico’s Business Confederation in Tijuana.
The South Korean firm has also announced plans to lay off up to 30 percent of its labor force in Mexico.
https://www.msn.com/en-us/money/savingandinvesting/samsung-halts-investment-announces-layoffs-in-mexico-due-to-tariffs-uncertainty/ar-AA1AWQ9a