Holder Ministry of Economy, Tatiana Clouthier held a meeting with Canadian Representative Mary Ng. They analyzed the so-called US initiative Built Back Better Act, Which seeks to provide tax breaks for electric vehicles manufactured in the United States.
According to the Ministry of Economy At the meeting they expressed their concerns Both Mexico and Canada have “discriminatory” tax credits for electric vehicles, which are currently under discussion in the US Senate.
Minister Eng and Secretary Cloudier Highlighted the importance of economic relations between Canada and Mexico Anchored in the T-MEC, and the need to work together to promote a solid, inclusive and sustainable economic recovery in the face of the Covit-19 epidemic.
“Canada will continue to work closely with Mexico,” he said Interpretation of D-MEC Rules for Automobiles in the United States, Even in the context of the T-MEC’s dispute resolution consultations, ”the Canadian government insisted.
He added that the two countries discussed shared goals, including a common goal, increasing North America’s competitiveness, and proposed U.S. tax breaks for electric vehicles in the bill. Built Back Better.
Minister NG reiterated that there is Deep concerns about proposed electric vehicle arrangements, And Canada’s measures to protect its automotive industry and workers, including outlining its options for retaliation if the United States continues to discriminate.
Except, The The Canadian Minister reaffirmed his country’s commitment to the full implementation of the T-MEC And the importance of maintaining open and flexible supply chains that increase North America’s competitiveness.
“Secretary of State Tatiana Clutier had a very positive conversation with Mary Ng, Minister of Small Business, Export Promotion and International Trade of Canada on the concerns of both Mexico and Canada about discriminatory tax credit for electric vehicles,” the United States Senate pointed out.
There is a proposal to provide a tax credit of the United States initiative, which can reach up to $ 12,500 for electric vehicles assembled in the United States.
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