China warns Mexico to 'think twice' before raising tariffs, threatens countermeasures

1. China warns Mexico over potential tariff hikes on Asian cars. 2. Mexico plans to increase tariffs on Asian vehicles from 20% to 50%. 3. China's auto manufacturers invested over $7 billion in Mexico recently. 4. BYD has yet to establish its planned factory in Mexico. 5. There's an ongoing shift of market share from Western to Asian car brands.