Calls by the American manufacturers’ rights group, the Alliance for American Manufacturing (AAM), to block imports of Chinese cars and parts from Mexico contradict the principles of a market economy, the Global Times newspaper wrote on February 25. .
The call comes as Chinese electric vehicle manufacturer BYD plans to open a plant in Mexico for the US market.
The AAM report argues that the US should not allow vehicles and parts manufactured in Mexico by companies based in China to benefit from the North American Free Trade Agreement.
Vehicles and parts manufactured in Mexico may qualify for preferential treatment under the Mexico-United States-Canada Trade Agreement, as well as a $7,500 tax credit for electric vehicles.
According to Gao Lingyun, an expert at the Chinese Academy of Social Sciences, if the United States imposes such a ban, it will raise fears of attacks on Chinese companies, which is contrary to the principle of a market economy and the principle of non-free trade. intervention defended by the United States.
Source: Rossa Primavera
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