Chinese Carmakers Exploit USMCA to Enter American Market through Mexico, Threatening US Auto Industry Survival
Shenzhen, China – China’s electric vehicle market is rapidly expanding, with domestic automaker BYD surpassing Tesla in global EV sales. Elon Musk has expressed concerns over Chinese carmakers’ potential dominance in the industry, warning that without trade barriers, they could outperform other global competitors. The Alliance for American Manufacturing recently released a report highlighting the threat posed by China’s growing presence in the auto sector, particularly through manufacturing hubs in Thailand, Hungary, and Mexico. Chinese …