A senior Mexican cabinet member says she's planning a multi-front effort against what she calls the biggest trade irritant in North America right now. The good news for Canada and Mexico is they appear to have gained time: the U.S. legislation containing that tax credit appears stalled, at least temporarily. A power that Mexico has, and Canada doesn't"It seems they're looking for votes … [in the midterm election] next year. She said Mexico is analyzing other economic steps, when asked whether it might produce a list of threatened tariffs, like Canada. Clouthier was asked: Wouldn't either country, Canada or Mexico, jump if given a chance at a sole exemption from the U.S. rule?

Source: CBC News December 17, 2021 18:03 UTC