Economic news

Trade panel sides with Mexico, Canada in auto rules dispute, Mexico says

2022.12.09 20:04



© Reuters. The General Motors plant is seen as its workers are to vote on whether to reject or keep the collective bargaining agreement, marking the first major test of labor rules under the United States-Mexico-Canada Agreement (USMCA), in Silao, Mexico August 17,

MEXICO CITY (Reuters) – A dispute panel under a regional trade pact has sided with Mexico and Canada against the United States in a disagreement over regional content requirements for the auto sector, Mexico’s presidency said on Friday in a tweet that was later deleted.

“The decision could generate more incentives to generate auto parts in our country,” the tweet said.

Mexico’s economy ministry told Reuters it would speak on the subject “once the resolution becomes official.” A spokesperson for the presidency did not immediately respond to a request for comment.

Deputy Economy Minister Alejandro Encinas Najera told press earlier this week that a preliminary ruling had already been reached and would be made public around Jan. 13.

Mexico is also in a trade dispute with the United States regarding its energy policies, which the United States calls nationalist and unfriendly to U.S. firms and a violation of the United States-Mexico-Canada Agreement (USMCA).

A third round of consultations in the spat should be held between late December and early January, Encinas said.



Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 76,539.51 1.93%
vested-xor
Vested XOR (VXOR) $ 3,405.08 99,999.99%
ethereum
Ethereum (ETH) $ 2,869.76 7.23%
tether
Tether (USDT) $ 1.00 0.12%
solana
Solana (SOL) $ 196.40 4.99%
bnb
BNB (BNB) $ 600.49 2.35%
usd-coin
USDC (USDC) $ 0.999847 0.08%
xrp
XRP (XRP) $ 0.553923 3.37%
dogecoin
Dogecoin (DOGE) $ 0.195985 1.09%
staked-ether
Lido Staked Ether (STETH) $ 2,869.79 7.24%
cardano
Cardano (ADA) $ 0.392853 10.11%
tron
TRON (TRX) $ 0.160785 1.92%
the-open-network
Toncoin (TON) $ 4.91 3.63%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,398.81 7.99%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,410.47 2.02%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 1.78%
avalanche-2
Avalanche (AVAX) $ 27.50 3.60%
weth
WETH (WETH) $ 2,867.25 7.10%
chainlink
Chainlink (LINK) $ 12.49 5.20%
bitcoin-cash
Bitcoin Cash (BCH) $ 384.64 3.34%
sui
Sui (SUI) $ 2.35 3.78%
polkadot
Polkadot (DOT) $ 4.14 1.52%
leo-token
LEO Token (LEO) $ 6.25 0.18%
usds
USDS (USDS) $ 1.00 0.07%
uniswap
Uniswap (UNI) $ 9.09 1.08%
litecoin
Litecoin (LTC) $ 71.90 3.16%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,018.79 7.25%
near
NEAR Protocol (NEAR) $ 4.23 2.10%
aptos
Aptos (APT) $ 9.77 4.54%
pepe
Pepe (PEPE) $ 0.000011 11.01%
bittensor
Bittensor (TAO) $ 515.91 1.33%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.41 0.48%
internet-computer
Internet Computer (ICP) $ 7.73 1.06%
dai
Dai (DAI) $ 0.999758 0.09%
monero
Monero (XMR) $ 166.67 1.87%
ethereum-classic
Ethereum Classic (ETC) $ 20.10 4.45%
kaspa
Kaspa (KAS) $ 0.118578 0.25%
stellar
Stellar (XLM) $ 0.100222 3.95%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.16%
whitebit
WhiteBIT Coin (WBT) $ 19.47 0.77%
aave
Aave (AAVE) $ 186.00 9.38%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.344929 4.46%
blockstack
Stacks (STX) $ 1.68 0.16%
crypto-com-chain
Cronos (CRO) $ 0.092328 9.60%
okb
OKB (OKB) $ 40.34 3.26%
dogwifcoin
dogwifhat (WIF) $ 2.38 0.97%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.08%
arbitrum
Arbitrum (ARB) $ 0.579885 9.38%
mantle
Mantle (MNT) $ 0.672365 13.61%
filecoin
Filecoin (FIL) $ 3.75 2.98%