Chinese EV Makers Pivot to Mexico and Brazil Amid U.S. Tariffs
Chinese electric vehicle (EV) manufacturers, including BYD, are rushing shipments to Mexico and Brazil. This move responds to impending U.S. tariff hikes and trade restrictions. The U.S. has announced a 100% tariff on Chinese EVs starting in May. The rush began in March and will continue until June, significantly impacting shipping logistics. Brazil reinstated tariffs […]