Core Viewpoint - The Mexican government is actively seeking to reduce tariffs on steel and aluminum products to enhance competitiveness and support domestic industries [1] Group 1: Government Actions - The Mexican president has announced plans to lower tariffs specifically on steel and aluminum materials [1] Group 2: Industry Impact - The reduction in tariffs is expected to benefit local manufacturers by decreasing production costs and potentially leading to lower prices for consumers [1]

Core Viewpoint - BMW anticipates a reduction in tariffs by July 2025 [1] Group 1 - The company expects tariffs to decrease, which may positively impact its cost structure and pricing strategy [1]