Mexico may appeal 'discriminatory' U.S. EV tax credits


  • World
  • Wednesday, 15 Dec 2021

FILE PHOTO: U.S. President Joe Biden delivers remarks after touring Ford Rouge Electric Vehicle Center in Dearborn, Michigan, U.S., May 18, 2021. REUTERS/Leah Millis/File Photo

MEXICO CITY (Reuters) - Mexico is not ruling out the possibility of appealing to an international panel over tax incentives proposed by the United States for some U.S.-made electric vehicles, President Andres Manuel Lopez Obrador said on Tuesday.

Mexico has promised to review a range of legal actions in response to a new U.S. tax incentive that Mexican officials say is "discriminatory" and contrary to free trade including the new United States-Mexico-Canada Agreement (USMCA) trade pact.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

UK and allies unmask and sanction Russian leader of LockBit cybercrime gang
'Tsar' Putin tells the West: Russia will talk only on equal terms
Colombia's illegal armed groups grew in 2023 -secret security report
Kevin Spacey overturns UK ruling in sex assault case over lawyers' mistake
Tesla Autopilot probe escalates with US regulator’s data demands
Russia, Ukraine trade allegations of chemical weapons use at global watchdog
Stormy Daniels at trial describes meeting Trump at golf tournament
Fire and hide: Ukraine's artillery pinned down by Russian drones
Iran says talks with IAEA's Grossi have been 'positive'
How the EU transformed tech

Others Also Read