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Mexico analyzes tariffs before proposed tax credit for US electric cars

The government of Mexico already analyzes a series of responses to a tax credit proposal for electric vehicles from USA it is included would consider applying tariffs, expressed the Secretary of Economy, Tatiana Clouthier.

The official affirmed that it is not a measure desirable, but stressed that Mexico will do everything in its power to safeguard its automotive industry, which generates about a million direct jobs.

“We would have to do or raise something very important and strategic for those products … where it also hurts the other way … so that the consequences are felt,” Clouthier said at a press conference.

The United States Congress studies a new tax credit of $ 12,500 that would include $ 4,500 for US electric vehicles manufactured by unions in that country.

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