Foreign media: Mexico plans to increase the tariff on cars imported from Asia from the current 20% to 50%, and impose additional tariffs on about 1,400 product categories (including textiles and steel), with the tariff range for auto parts between 10% and 50%. This move may weaken the price advantage of Chinese car manufacturers in Mexico, but experts point out that the impact will not be fatal as Chinese car companies have global layouts and cost competitiveness.
Data shows that from January to July 2025, China exported 272,100 cars to Mexico, an increase of 25.5% year-on-year, making it the largest export market for Chinese cars.
The Secretary-General of the China Passenger Car Association stated that Mexico is both a major consumer market and an important production base for automotive parts, so the tax increase will inevitably affect the competitiveness of Chinese cars in the local market. However, analysts believe that Chinese car companies can still spread risks through overseas factories and diversified markets, but building a factory directly in Mexico will face complex challenges.
Original article: www.toutiao.com/article/1843042000367623/
Statement: The article represents the views of the author.