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.

    • defunct_punk@lemmy.worldEnglish
      405·
      11 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

        • SlopppyEngineer@lemmy.worldEnglish
          14·
          11 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·
        11 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·
          11 months ago

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

          You probably have time to prepare. 🙂

    • ms.lane@lemmy.worldEnglish
      111·
      11 months ago

      I was going to say something about Chinese vehicles not entirely being the greatest quality, but then I remembered we’re comparing it to American vehicles.

      Better product, half the cost. Can’t go wrong.