Di Yi Cai Jing·2025-12-19 11:18Core Viewpoint - Mexico plans to impose tariffs ranging from 5% to 50% on certain products from several Asian countries, including China, starting January 1, 2026, affecting industries such as automotive, electronics, steel, and furniture [1] Group 1: Tariff Impact on Exports - The tariffs will significantly impact the export of white goods, particularly home appliances, while the effect on black goods is expected to be minimal due to different material usage [2][3] - In 2025, China's exports of white goods to Mexico amounted to $2.919 billion, a year-on-year decrease of 10.6%, with specific declines in air conditioners (30%), washing machines (49.86%), and refrigerators (10.7%) [3] - The increase in tariffs may lead to a pause in orders or a shift to overseas production for certain products, such as non-automatic washing machines, which have a low profit margin [2][3] Group 2: Industry Response and Adjustments - Companies are likely to respond to the tariffs by adjusting their overseas production layouts or restructuring their supply chains [1][2] - Major Chinese companies, such as Hisense and TCL, have already established manufacturing facilities in Mexico, which will allow them to enhance local production capacity and expand their market share in North America [4] - The trend of increasing tariffs may push upstream component manufacturers to align more closely with North American original equipment manufacturers (OEMs) to improve local supply chain collaboration [4]