Joe Biden’s new China tariff wall faces leakage via Mexico, Vietnam

The Biden administration's new tariffs on Chinese electric vehicles and other strategic sectors aim to protect the future of U.S. manufacturing, but they will likely accelerate a shift of Chinese production to Mexico, Vietnam and elsewhere to avoid them. US officials and trade experts say that without strong efforts to cut off transshipped or lightly processed Chinese goods from Mexico and other countries, China's underpriced excess production will still find its way into US markets. Advertisement "The new tariffs might keep out imports from China but it is likely that much of those imports could be rerouted through countries not…