墨西哥拟下月起加征关税，家电企业调整海外产能应对

Group 1 - Mexico plans to impose tariffs ranging from 5% to 50% on various products from several Asian countries, including China, starting January 1, 2026, affecting industries such as automotive, electronics, steel, and furniture [4] - The Chinese Ministry of Commerce expressed opposition to unilateral tariff measures and is monitoring the situation closely, indicating that the proposed tariffs could harm trade partners, including China [4] - Adjustments to the tariff proposal have been made, with some rates for automotive parts, light industrial products, and textiles being slightly reduced, but overall measures are expected to negatively impact trade [4] Group 2 - Analysts suggest that the tariffs on Chinese home appliances, particularly a 15%-30% increase, may force companies to adjust their overseas production strategies or restructure supply chains [4] - The impact on air conditioner exports is expected to be limited due to high local inventory levels, with many companies having stockpiled products in 2025 [5] - The tariffs will also affect small appliances like fans and microwaves, but some companies plan to mitigate the impact by utilizing overseas factories for orders [5] Group 3 - Data shows that from January to October 2025, China's exports of white goods to Mexico amounted to $2.919 billion, a decrease of 10.6% year-on-year, with significant declines in air conditioners and washing machines [6] - In 2024, China's exports of home appliances to Mexico are projected to reach $3.81 billion, a 32.3% increase, driven by demand for larger appliances and components [6] - Major Chinese companies have established manufacturing facilities in Mexico, such as Hisense and TCL, focusing on both the Mexican and U.S. markets [6] Group 4 - Chinese leading companies have completed their production setups in Mexico, and the new tariffs may encourage these firms to enhance local production capacity and expand product lines [7] - The tightening of origin rules under the US-Mexico-Canada Agreement (USMCA) is pressuring upstream component manufacturers to align more closely with North American main manufacturers [7]