Led by the automaker BYD, China has established itself as the main car supplier in Mexico. The US worries China could use Mexico as a “back door” to sidestep tariffs and gain footing in the US market.

Foreign investment would be an economic boost for Mexico. The company has claimed that a plant there would create about 10,000 jobs. A Tesla competitor, BYD markets its Dolphin Mini model in Mexico for about 398,800 pesos—about $21,300 dollars—a little more than half the price of the cheapest Tesla model.

  • mommykink@lemmy.worldEnglish
    435·
    3 months ago

    Said it a while ago, the US is losing at capitalism for the first time in modern history and doesn’t know how to cope

    • arin@lemmy.worldEnglish
      81·
      3 months ago

      Yes we do, we ban their sales here in USA! And add tariffs!

      • SlopppyEngineer@lemmy.worldEnglish
        13·
        3 months ago

        China builds the cars in Mexico, that forms a tariff free zone with the USA. And USA can’t exactly just ban sales from Mexico because a lot of USA companies moved their operation to Mexico for cheaper labor.

    • RangerJosie@lemmy.worldEnglish
      53·
      3 months ago

      It’s glorious to watch. Even from within. Even knowing I’m boned when this house of cards finally tumbles.

      I’m sure there’s a German word for that.

      • DMBFFF@lemmy.worldOPEnglish
        22·
        3 months ago

        Even knowing I’m boned when this house of cards finally tumbles.

        You probably have time to prepare. 🙂