United States Seeks Mexico's Review of Alleged Denial of Workers’ Rights at Aludyne Automotive Mexico City, S.A. de C.V.

USTR noticeTariff cut or exemptionPublished 25/04/03Open the original

Summary

The USTR invokes the USMCA Rapid Response Labor Mechanism and asks Mexico to review whether workers at the Aludyne Automotive facility are being denied freedom of association and collective bargaining. The United States has suspended liquidation of tariffs on goods from that facility, and Mexico has 10 days to agree to a review.

By industry

Tariffs & Reshoring1 trading day−8.0%p15 stocks5 trading days−7.8%p15 stocks20 trading days−2.7%p15 stocks
“The United States has suspended liquidation of tariffs on goods from the Aludyne facility”
Batteries, EVs & the IRA1 trading day−2.3%p15 stocks5 trading days−3.9%p15 stocks20 trading days−4.5%p15 stocks
“which manufactures auto parts”

Day by day after the announcement

Tariffs & Reshoring stocks and the S&P 500 after the announcement, cumulative %
Day	Tariffs & Reshoring stocks	S&P 500
25/04/02	0.0%	0.0%
25/04/03	−9.4%	−1.4%
25/04/04	−14.7%	−7.1%
25/04/07	−14.4%	−6.4%
25/04/08	−16.9%	−8.9%
25/04/09	−7.6%	+0.3%
25/04/10	−11.5%	−3.9%
25/04/11	−9.4%	−1.9%
25/04/14	−9.2%	−1.4%
25/04/15	−9.7%	−1.7%
25/04/16	−10.0%	−3.5%
25/04/17	−9.0%	−3.0%
25/04/21	−10.8%	−5.6%
25/04/22	−7.5%	−1.4%
25/04/23	−4.8%	−1.4%
25/04/24	−1.8%	+0.8%
25/04/25	−2.7%	+1.2%
25/04/28	−1.9%	+1.1%
25/04/29	−1.5%	+1.6%
25/04/30	−2.3%	+2.5%
25/05/01	−0.3%	+2.4%

Korean stocks in these industries

Hyundai Steel 004020
POSCO Holdings 005490
SeAH Steel Holdings 003030
LG Energy Solution 373220
Samsung SDI 006400
SK Innovation 096770

Trades in these industries around the announcement

Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.

Joseph GebbiaDirector
BuyTesla
Buy
Tesla
TSLA
$1M
4,000 sh
$1M
Filed 25/04/28
Traded 25/04/24
James R. MurdochDirector
SellTesla
Sell
Tesla
TSLA
$13.2M
54,776 sh
$13.2M
Filed 25/03/12
Traded 25/03/10
Peter R. MattPresident and CEO
BuyCommercial Metals
Buy
Commercial Metals
CMC
$294.6K
6,100 sh
$294.6K
Filed 25/03/31
Traded 25/03/27
Vaibhav TanejaCFO
SellTesla
Sell
Tesla
TSLA
$718.1K
2,672.25 sh
$718.1K
Filed 25/03/06
Traded 25/03/06
Badrinarayanan KothandaramanPresident & CEO
BuyEnphase Energy
Buy
Enphase Energy
ENPH
$185.4K
4,000 sh
$185.4K
Filed 25/04/28
Traded 25/04/25
Robyn M. DenholmDirector
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$22M
73,227 sh
$22M
Filed 25/03/05
Traded 25/03/03
Robyn M. DenholmDirector
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$16.6M
58,047 sh
$16.6M
Filed 25/05/01
Traded 25/04/29
Vaibhav TanejaCFO
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$1M
4,000 sh
$1M
Filed 25/04/09
Traded 25/04/07
Vaibhav TanejaCFO
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$750.4K
2,500 sh
$750.4K
Filed 25/03/05
Traded 25/03/03
Robyn M. DenholmDirector
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$5.2M
18,197 sh
$5.2M
Filed 25/05/01
Traded 25/04/29
Robyn M. DenholmDirector
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$4.1M
14,147 sh
$4.1M
Filed 25/05/01
Traded 25/04/29
Robyn M. DenholmDirector
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$3.6M
12,020 sh
$3.6M
Filed 25/03/05
Traded 25/03/03
John R. McPhersonDirector
BuyCommercial Metals
Buy
Commercial Metals
CMC
$100K
2,475 sh
$100K
Filed 25/04/07
Traded 25/04/04
Vaibhav TanejaCFO
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$255.8K
900 sh
$255.8K
Filed 25/05/05
Traded 25/05/01
Vaibhav TanejaCFO
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$233.6K
825 sh
$233.6K
Filed 25/05/05
Traded 25/05/01
Robyn M. DenholmDirector
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$2.2M
7,400 sh
$2.2M
Filed 25/03/05
Traded 25/03/03
Vaibhav TanejaCFO
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$197.5K
700 sh
$197.5K
Filed 25/05/05
Traded 25/05/01
Robyn M. DenholmDirector
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$2M
6,913 sh
$2M
Filed 25/05/01
Traded 25/04/29
Robyn M. DenholmDirector
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$1.9M
6,796 sh
$1.9M
Filed 25/05/01
Traded 25/04/29
Vaibhav TanejaCFO
Sell10b5-1 planTesla
Sell10b5-1 plan
Tesla
TSLA
$178.9K
600 sh
$178.9K
Filed 25/03/05
Traded 25/03/03