US plans ultimatum in Mexico energy dispute, raising threat of tariffs
newscatcher
2023-03-28 03:35
US plans ultimatum in Mexico energy dispute, raising threat of tariffs
The Biden administration plans to send Mexico an 'act now or else' message in coming weeks in an attempt to break a stalemate in an energy trade dispute as bipartisan calls grow for the U.S. to get tougher with its southern neighbor, according to people familiar with the discussions. The move would represent a significant escalation in already-strained tensions between U.S. President Joe Biden and his Mexican counterpart, Andres Manuel Lopez Obrador. Obrador's decision to roll back reforms aimed at opening Mexico's power and oil markets to outside competitors sparked the trade dispute.

https://business.inquirer.net/393395/us-plans-ultimatum-in-mexico-energy-dispute-raising-threat-of-tariffs

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