Chinese automakers eye Mexico as backdoor to U.S. market, bypassing tariffs
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Imported Chinese auto brands like Chery and BYD are already popular in Mexico.
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Chinese automakers could build factories in Mexico to export cars tax-free to the U.S. under USMCA.
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This would bypass U.S. tariffs applied to cars imported directly from China.
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Mexico imported more light vehicles from China than the U.S. for the first time in 2022.
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Chinese automakers like Chery have confirmed plans to enter the U.S. market via Mexico.