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Mexico, EU, Japan, others voice concern about proposed U.S. EV tax credit

November 1, 2021 at 1:12 PM
More than two dozen ambassadors to the U.S. are urging lawmakers to rethink a proposed tax credit for electric vehicles they say would violate international trading rules and hinder efforts to meet climate goals. A proposed budget bill framework released last week by President Biden includes tax credits for electric vehicles “made in America with American materials and union labor,” according to a White House statement . Lawmakers are expected to vote on the budget as soon as Tuesday, according...


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