With more than 80% of vehicles exported from Mexico to the United States, experts on Mexico's auto industry appear to be bracing for impact.

The new levies on cars and light trucks will take effect on April 3, the day after Trump plans to announce reciprocal tariffs aimed at the countries responsible for the bulk of the U.S. trade deficit.

Canada is planning additional retaliatory measures against U.S. President Donald Trump's auto tariffs. Prime Minister Mark Carney has not yet decided on specific actions. Existing measures include 25% tariffs on U.