China was the leading car supplier to Mexico in 2023, exporting $4.6 billion worth of vehicles to the county, according to the Mexican Ministry of Economy.
Blocked from the U.S. by tariffs, Chinese electric vehicle makers have looked elsewhere to sell their high-tech cars. But as Mexico has emerged as a hot spot for Chinese EVs, Washington officials worry the country may be used as aLast year, China was the leading car supplier to Mexico , exporting $4.6 billion worth of vehicles to the country, according to the Mexican Ministry of Economy . Even customers wary of EVs have been won over by affordable price tags.
in the Mexican states of Durango, Jalisco and Nuevo Leon. The foreign investment would be an economic boost for Mexico. BYD has claimed that a plant there would create around 10,000 jobs. "Mexico is an attractive production platform, not only for Chinese companies, but for other companies as well, in part because of that free trade access that it has to the American market," said Scott Paul, president of the Alliance for American Manufacturing. "And it can do something that in trade terms is called circumvention."
"We've seen China do this in other types of manufacturing as well, from appliances to auto parts to steel," said Paul. "For more than a decade now, China, the United States have been playing a high-stakes game of whack-a-mole when it comes to trade policy tariffs."
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