Last year, China was the leading car supplier to Mexico, exporting $4.6 billion worth of vehicles to the country, according to the Mexican Ministry of Economy.
"The Chinese automakers came to the country very aggressively," said Juan Carlos Baker, former Mexican deputy minister for international trade.
That free trade access is part of the United States-Mexico-Canada Agreement (USMCA), a revised iteration of the North American Free Trade Agreement (NAFTA) that removed tariffs on many goods traded between the North American countries starting in 2018.
"We've seen China do this in other types of manufacturing as well, from appliances to auto parts to steel," said Paul.
Watch the video to learn more about how Mexico has become a hot spot for Chinese auto companies and how the next administration may impact EV trade policies.
Persons:
BYD, Juan Carlos Baker, Scott Paul, We've, Paul, Michael Dunne, Dunne, Joe Biden, it's
Organizations:
Mexican Ministry of, Nuevo, Alliance for American Manufacturing, North American Free Trade, North
Locations:
U.S, Mexico, Washington, China, North America, Mexican, Durango, Jalisco, Nuevo Leon, United States, Canada, America