Former President of the United States, Donald Trumpand who is seeking a new term as president in 2024, warned that he would impose a 100 percent tariff on all Chinese cars made in Mexico for sale in U.S. territory.
Trump took direct aim at the Chinese president. Xi Jinpingduring a speech at a rally in Dayton, Ohio, over the weekend, according to Bloomerg, and as a fresh warning about the trade war that could ensue if he wins the next contest in the North American country.
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This new figure represents a doubling of taxes compared to what he said a few weeks ago when he claimed it would be 50 percent. Their proposals also include a 60 percent tax on all Chinese products.
“These big monster car factories that they’re building in Mexico right now that they think they’re going to get – they’re not going to hire Americans and they’re going to sell the car to us, no,” Trump said. “We’re going to put a 100 percent tariff on every car that comes in.”
So far, no Chinese automobile company that has arrived in Mexico has set up a factory. JAC is the only company I come from the Asian country that has an assembly plant in our area.
It was only announced last February that the company BYD, The company, already present in the national territory, is considering setting up an electric vehicle production plant in Mexico, according to Nikkei reports, but there is nothing concrete yet.
“They annoy us, we annoy them. “It’s very simple and very fair,” the former president and businessman and Republican presidential candidate added.
Various reports from specialized media have pointed out that part of the interest of Chinese brands in expanding their presence in the national territory was to create a bridge with the United States.
In 2023, China’s BYD overtook Tesla as the largest seller of electric cars for the first time, with its presence increasing in Europe.