Not long ago, Aunt Yellen visited China, and she talked about the problem of "China's overcapacity" in a high-profile manner, as if she was a capacity expert.
Old man Biden was not idle, shouting in his speech in Pittsburgh that he would continue to raise tariffs on Chinese steel and aluminum products.
Hey, as soon as the U.S. election approaches, Biden's industrial policy is becoming more and more "hot"!
But with that comes the sweaty stuff.
This buddy from Mexico suddenly gave our Chinese car companies a "backstabbing"!
Mexico "mutinied"?
According to Reuters, Mexican officials have told Chinese automakers such as BYD that incentives?
No more! Future meetings are suspended!
This makes the Chinese car companies that build factories in Mexico look confused!
You know, there are about 20 Chinese automakers based in Mexico, and the cars produced in Mexico account for one-third of the total number of cars in Mexico!
What these car companies value is Mexico's cost advantage, as well as the duty-free treatment of NAFTA.
But now, this treatment is gone if you say no, you say it's not annoying!
The American "black hand" is obvious
Behind this, there must be the "black hand" of the Americans!
Otherwise, how could Mexico hack Chinese car companies for no reason?
The U.S. Trade Representative has even jumped to the point of clamoring to protect domestic electric vehicles from Chinese subsidies.
Oops, is this unclear that this is aimed at our Chinese car companies?
The Mexican government can't help it, the United States is their biggest export customer, once the American market says "no" to them, won't the industry have to cry daddy and mother?
Therefore, Mexico can only compromise and throw the pressure on Chinese car companies.
How big is the impact?
Don't look at it, it doesn't seem like a big deal now, but if it continues to ferment, it will be troublesome!
If the United States really cancels the tax exemption treatment for Chinese automakers, it will be a huge impact on Chinese manufacturing!
Although the United States has imposed high taxes on our Chinese industrial products, we can still sell our products to Americans through Vietnam, Mexico and other countries.
But now, the Americans have begun to block this trade model, isn't this a clear statement that they want to "decouple and break the chain" with China?
Americans, you're bad enough!
To tell the truth, this trick of the Americans is really shady!
They acquiesced to Chinese manufacturers investing heavily in Vietnam, Mexico and other countries and relocating production capacity, and then suddenly turned around and killed when the scale became larger!
Isn't this just to make our Chinese national enterprises suffer huge investment and operating losses?
Heck, the world is getting more and more complicated!
Chinese automakers need to be extra careful when operating in the international business sector, especially to avoid investing too much money in risky areas like Mexico.
Now you want to do business across borders without considering international politics?
Hehe, it's already impossible......