BYD and Tesla set to lose most from Mexico's proposed tariffs on China

APMA
Oct 9, 2025
1 min read

Emily Green, Reuters

September 12, 2025

President of the APMA, Flavio Volpe, said the new proposed tariff would be looked on “very favorably” by the Trump administration as it would allow U.S. car manufacturers to more easily compete against BYD. “The only growth market inside North America is Mexico,” he said.

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