US-China trade friction affects BYD's investment plans in Mexico

As the trade friction between China and the United States continues to intensify and Mexico cooperates with the US policy, BYD's $600 million investment plan in Mexico was forced to suspend. The plan was originally expected to create 10,000 jobs. In order to maintain its trade advantage with the United States, Mexico chose to support the United States and imposed tariffs on some Chinese products, resulting in the gradual cooling of Sino-Mexican relations.