BYD may trigger a second Sino US trade war .

Mondo International Updated on 2024-02-22

Recently, BYD announced that it will soon land in the North American market. But in fact, the United States is very vigilant about BYD, and it is difficult for Chinese cars to land in the United States.

Especially when BYD's sales surpassed Tesla's, the United States began to study targeted bills to intercept and try to prevent BYD from breaking into the American market.

However, according to the current U.S. law against foreign automobiles, as long as they are produced in North America and the North American ** chain is used to provide accessories, they can enter the United States for sale.

With the continuous improvement of BYD's management in the first chain, it finally found a "loophole" in this existing bill.

It is reported that there are currently 12 Chinese electric vehicle parts manufacturers, all of which have announced new factories in Mexico, which are basically related to BYD.

That is to say, BYD chose to build a factory in Mexico, and built a factory in Mexico together with BYD's accessories ** chain, which makes BYD fully meet the rigid requirements of "North American assembly of North American parts".

In order to prevent BYD's North American expansion, the United States has only two options, either denying Mexico's status as "North American assembly of North American parts" or raising import tariffs on Chinese cars.

Obviously, the first road is difficult to take, because of labor costs, GM, Ford, and Chrysler in the United States are all building factories in Mexico.

Japan's Toyota, Honda, Germany's Volkswagen, Audi, BMW, Mercedes-Benz have also built factories in Mexico for many years, if Mexico does not recognize the identity of Mexico's "North American parts North American assembly", it will hurt a large number of innocents, unless the new bill is only aimed at China, but it is clear that this is not called a bill, it is called sanctions.

The second way is to raise import tariffs, which are the only way to go, as tariffs are only negotiated with a single country.

The U.S. currently levies $27 on electric vehicles in ChinaThe 5% import tariff, which was adjusted during the Trump era, was still lethal for Chinese electric vehicles that were generally priced at more than $30,000 at that time, after all, cars in the United States were very cheap, and Tesla Model 3 was $30,000.

But now the price of the BYD Qin in China has dropped to $10,000, even if it has increased by 27A 5% tariff will also have a great impact on the domestic U.S. auto market.

After all, the cheapest sedan in the United States, the Cruze, costs about $1Around $80,000-$20,000, the starting price of the Honda Civic in North America is $2$170,000, if the United States does not impose tariffs to 100%, BYD Qin can easily kill the Cruz, Civic, and Corolla markets in North America.

However, if the United States adjusts the import tariff on Chinese automobiles to 100%, it will inevitably trigger a backlash from China, and the second war between China and the United States is about to break out.

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