US trade agency backs proposed EV tax credit despite Mexico's objections

The U.S. Trade Representative's office said on Friday it was committed to legislation strengthening the U.S. electric vehicle industry despite its inclusion of a tax credit that has drawn threats of retaliation from Mexico, which calls it"discriminatory".

"In the past we have imposed tariffs and we would have to do or propose something very important and strategic for those products, in those places where it hurts them ... so that the consequences can be felt," Clouthier told a news conference. "The Biden-Harris Administration is committed to tackling the threat of climate change by supporting the transition to electric vehicle manufacturing," USTR spokesman Adam Hodge said in a statement.

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