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U.S. Initiates Trade Spat With Mexico Over Energy Policy

MEXICO
  • US ALLEGES MEXICO ENERGY POLICY VIOLATES USMCA TRADE ACCORD (BBG)
  • *US SEEKS USMCA DISPUTE-SETTLEMENT CONSULTATIONS WITH MEXICO (BBG)
  • These headlines are largely confirming overnight reports:
  • U.S. Trade Representative Katherine Tai said an array of Mexican policies undermine American companies and U.S.-produced energy in favor of Mexico's state-owned power company CFE, and oil company Pemex.
    • The policies discourage "investment by clean-energy suppliers and by companies that seek to purchase clean, reliable energy," she said. U.S. officials said that Mexican officials haven't been responsive to U.S. concerns raised repeatedly over the past 18 months.
  • Full WSJ article here: https://www.wsj.com/articles/u-s-initiates-trade-f...

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