Mexican Economy Secretary Marcelo Ebrard sits inside a Kia EV3 electric vehicle during its presentation in Mexico City on July 29, 2026. Mexico announced on July 29 a multi-million-dollar investment by South Korean automaker Kia, amid tariff pressure maintained by the administration of US President Donald Trump on the sector and the threat of new levies. (Photo by Yuri CORTEZ / AFP via Getty Images)