The United States-Mexico-Canada (USMCA) Free Trade Agreement is fast becoming a free trade agreement for the world, whereas any multinational with a presence in Mexico can set up shop and make the U.S. its number one target. China is doing that now.

The auto sector is top of mind for the Chinese. They know that most industrialized nations have a native auto sector. Korea followed in Japan’s footsteps. China is following in both. With tariffs on mainland China automotive, their automakers and auto parts manufacturers are heading to Mexico. Their prime market is the U.S.

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