USTR allows liquidation of goods to resume at Stellantis Mexico plant -letter

2022.08.16 23:45

FILE PHOTO: Stellantis logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration

MEXICO CITY (Reuters) – The U.S. Trade Representative (USTR) has lifted a suspension on the liquidation of goods from the Stellantis-owned auto parts plant Teksid Hierro de Mexico in the northern Mexico state of Coahuila, the USTR office said on Tuesday.

USTR Katherine Tai in a letter to the U.S. Treasury said a condition of the United States-Mexico-Canada Agreement had been met, allowing liquidation to resume. Teksid has faced a labor probe under the trade agreement, and Reuters last week reported the company expected to resolve the complaint without going to a dispute panel.

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