US EditionBYD and Tesla set to lose most from Mexico's proposed tariffs on China: Analysis
- The Mexican government will increase tariffs on Chinese cars from 20 percent to 50 percent, according to Economy Secretary Marcelo Ebrard.
- Mexican President Claudia Sheinbaum stated that the tariff increase is a measure to strengthen the country's economy.
- Tesla, Inc. is facing a continued Sell rating due to a significant drop in sales and profits in Q2.
- Tesla is facing major challenges, including critical delays and eroding market share, which undermine its long-term growth.
17 Articles
17 Articles
Mexico Moves to Raise Tariffs on Chinese Cars to 50 Percent
The Mexican government will raise tariffs on Chinese cars from 20 percent to 50 percent, Economy Secretary Marcelo Ebrard said during an event at Felipe Ángeles International Airport. “I was asked if we are going to apply tariffs on vehicles from Asia, particularly China. I said yes. They already have a tariff. The tariff is 20 percent. Now, what are we going to do? We are going to raise it higher, which is allowed by the World Trade Organizatio…
BYD and Tesla set to lose most from Mexico's proposed tariffs on China
Electric car rivals BYD and Tesla are set to be the biggest losers from Mexico’s proposed 50 percent tariff on autos imported from China, triggering a likely blow to the fast-growing electric car market in Mexico while sparing the traditional "Big Three" U.S. car manufacturers.
Mexico’s 50% Tariff Threatens Tesla and BYD in Booming EV Market
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Roberto Quijano Luna warns that the automotive sector would be one of the most affected by the measure. TIJUANA, Baja California, September 13, 2025.- Corporate lawyer Roberto Quijano Luna pointed out that, although it has not yet been published in the Official Journal of the Federation, the Mexican government, within the framework of the so-called Mexico Plan, seeks to impose tariffs on various imported products, including those coming from Chi…
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