Mexico says panel expected to rule on auto dispute with U.S. by third quarter
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MEXICO CITY – An arbitration panel examining a Mexican complaint regarding the US interpretation of how free trade rules apply to the mainland auto industry is expected to issue a ruling by the third quarter of this year , Mexican Economy Minister Tatiana Clouthier said on Friday.
Canada said Thursday it would join Mexico in seeking a dispute settlement panel under the United States-Mexico-Canada (USMCA) trade pact.
“It’s not a rushed process, we hope to have results by the third quarter of this year,” Clouthier told Milenio Television.
Mexico and Canada are also unhappy with tax breaks offered in the United States for American makers of electric vehicles. This, they say, could undermine the highly integrated North American auto industry. (Reporting by Adriana Barrera Writing by Drazen Jorgic; Editing by Aurora Ellis)