The 2020 United States-Mexico-Canada Agreement (USMCA) established barrier-free trade among the United States, Canada, and Mexico. Several Chinese private-sector companies have set up manufacturing companies in Mexico that sell to the United States, thereby hoping to work around U.S. tariffs on Chinese-made products. As Chinese companies move production lines to Mexico, the United States grows more concerned about Chinese dominance in the global market. One prominent case study is in the electric vehicle (EV) market: Chinese EV manufacturers, which originally faced high tariffs in the U.S. market, are building up their manufacturing capacity in Mexico. The growing presence of comparatively cheaper Chinese EV materials in the U.S. market could present a threat to the future of U.S. EV companies.
In this interview recorded on September 3, 2024, join Meg Rithmire as she interviews Jorge Guajardo and Michael Dunne about the U.S.-China-Mexico economic relationship and its significance to the global electric vehicle market.