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Mexico says panel should rule on auto dispute with U.S. by Q3

Saturday, January 15, 2022
Mexico says panel should rule on auto dispute with U.S. by Q3 © Reuters. Mexican Economy Minister Tatiana Clouthier gestures during an interview with Reuters in Mexico City, Mexico, on January 11, 2021. REUTERS/Dave Graham

MEXICO CITY (Reuters) -An arbitration panel looking at a Mexican complaint regarding U.S. interpretation of how free trade rules apply to the continental automotive industry should make a ruling by the third quarter of this year, Mexican Economy Minister Tatiana Clouthier said on Friday.

Canada on Thursday indicated that it would join Mexico in requesting a dispute settlement panel under the terms of the United States-Mexico-Canada (USMCA) trade pact.

"It's not an expedited process, we will have results hopefully by the third quarter of this year," Clouthier told Milenio Television.

Mexico and Canada are also unhappy about proposed U.S. tax breaks for American-based manufacturers of electric vehicles. This, they say, could undermine the highly integrated North American auto industry.

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26-01-2022 10:04:32 (UTC+7)

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 EUR/USD1.1284↑ Sell
 GBP/USD1.3503↑ Sell
 USD/JPY114.38↑ Buy
 AUD/USD0.7168↑ Sell
 USD/CAD1.2609↑ Buy
 EUR/JPY129.06Neutral
 EUR/CHF1.0387↑ Buy
 Gold1,836.45Neutral
 Silver23.927↑ Buy
 Copper4.5130Neutral
 Crude Oil WTI87.19↑ Buy
 Brent Oil88.78↑ Buy
 Natural Gas4.107↑ Sell
 US Coffee C238.90Neutral
 Euro Stoxx 504,184.25↑ Buy
 S&P 5004,444.19↑ Buy
 DAX15,523.15↑ Buy
 FTSE 1007,520.86Buy
 Hang Seng24,289.90↑ Buy
 Small Cap 20002,046.95↑ Buy
 IBEX 358,663.50Neutral
 BASF67.750↑ Sell
 Bayer51.80Neutral
 Allianz225.25↑ Buy
 Adidas245.75Neutral
 Lufthansa7.062↑ Buy
 Siemens AG142.44↑ Buy
 Deutsche Bank AG11.502Buy
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# So hôm qua # Chênh TG
SJC Eximbank6,190/ 6,240
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Cập nhật lúc 18:54:49 26/01/2022
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