Correction. Most will be made in China, shipped to Mexico, get a "made in Mexico" stamp, then shipped to the U.S.
—”Most will be made in China, shipped to Mexico...”
“The hourly wage for manufacturing workers in China was estimated to be at US$6.5 in 2020, a growth rate of over 12 percent from 2019. The hourly wage for manufacturing workers in Mexico, meanwhile, was estimated at US$4.82, a growth rate of just over 3 percent from a year prior.
Another consideration is the cost and time of shipping. Thanks to its proximity to the US, it is cheaper and faster to ship goods from Mexico than China.”
[Correction. Most will be made in China, shipped to Mexico, get a “made in Mexico” stamp, then shipped to the U.S.]
https://harris-sliwoski.com/chinalawblog/chinas-50000-yearly-funds-transfer-limit/
If they have an excuse to move more money out of China that works with Chinese capital control czars, i.e. avoiding US tariffs, they’ll drive a supertanker through it. Job one for them is getting their cash out of reach of China’s grabby government officials who view every dime of theirs as assets they own only on sufferance.
Mexico is an excellent intermediate destination for their money. Next door to the US, moving funds from Mexico to the US is a trivial exercise. Why would they want to move their money to the US? Because it is the one country 100% impervious to Chinese government demands that these funds be seized from their owners and handed to Beijing.