Mexico and Canada are the United States’ top two trading partners, accounting for nearly 30% of trade volumes.

Major Korean companies, including Samsung Electronics and LG Electronics, are now exploring the possibility of reshaping their global supply chains in response to U.S. President-elect Donald Trump’s threat to impose a 25 percent tariff on goods imported from Mexico.

US president-elect on Monday said his new administration would immediately impose a 25 per cent tariff on imports from Mexico.