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López-Obrador to raise EV tax credits, auto rules-of-origin issues with Biden

November 17, 2021 at 3:54 PM
Mexican President Andrés Manuel López Obrador plans to raise concerns about a proposed U.S. tax credit for American-made vehicles and the U.S. interpretation of auto rules of origin under the U.S.-Mexico-Canada Agreement when he meets this week with President Biden, according to a source familiar with his agenda for the meeting. Mexican officials are warning the tax credits and the auto rules, if interpreted as the U.S. hopes, could seriously harm the North American auto industry and violate the U.S.’...

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