•  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.
  • Vega Solís says President Trump has created “a very uncertain business environment by exposing Mexico to tariffs.”
  • According to Vega Solís, Samsung is one of the oldest foreign corporations in Mexico, its manufacturing plant in Tijuana builds television sets.
  • Source:  .borderreport.com