Samsung Queretaro plant, unaffected by US tariffs, official says

The decision by the US government to impose tariffs on imported washing machines does not affect Samsung’s business in Mexico, since its Queretaro plant does not serve that market, a company official said.

This factory produces washing machines and refrigerators for the Mexican market and for export to South America, said Herve Baurez, director of marketing for the Consumer Electronics division at Samsung Electronics Mexico.

“In theory (there is) no (affectation), because while some very specific products are made here for the North American market, in reality, we are an option to produce and support the presence of the brand in Latin America,” he said in an interview to state-owned news outlet Notimex.

According to Baurez, of the discussions about the modernization of the North American Free Trade Agreement (NAFTA), we will have to wait to see what effect it may cause for the company.

The executive said that since Trump took office, there have been many rumors, specifically about the plant in Queretaro, because in the United States it was announced the opening of a new plant, “and there are people who assume that one replaces the other”.

“In fact, it is incredible that the North American market, due to its size, did not have a plant that would meet their needs,” the executive stressed.

Baurez said that for now the concern is focused on another Samsung factory in Tijuana, which operates under a maquiladora scheme and produces flat screens for Mexico, the United States and Canada. “That’s why the NAFTA discussions obviously take up a little bit of us,” he said.

“In fact, it amazes me that the U.S. market, due to its size, did not have a plant that would meet their needs until now,” the executive stressed.

Baurez said that for now the concern is focused on another Samsung factory in Tijuana, which operates under a maquiladora scheme and produces flat screens for Mexico, the United States and Canada. “That’s why the NAFTA discussions obviously take up a little bit of us,” he said.

MexicoNow

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