Exclusive-Biden administration moving to escalate energy trade dispute with Mexico

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Exclusive-Biden administration moving to escalate energy trade dispute with Mexico
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By Jarrett Renshaw and David Lawder (Reuters) - President Joe Biden's administration has asked U.S. energy companies to prepare affidavits documenting ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Jarrett Renshaw and David Lawder

Mexico President Andres Manuel Lopez Obrador's steps to roll back reforms aimed at opening Mexico's power and oil markets to foreign competitors ultimately sparked the trade dispute. Like the energy policies, Washington argues that banning GMO corn for human and animal consumption violates Mexico's obligations under the trade pact.

Mexico overtook Canada and China to become the largest U.S. goods trading partner in the first half of 2023, reaching total trade of $396.6 billion for the period as Mexico's automotive production grows and other U.S. companies shift supply chains from China closer to home.

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Exclusive-Biden administration moving to escalate energy trade dispute with MexicoExclusive-Biden administration moving to escalate energy trade dispute with MexicoBy Jarrett Renshaw and David Lawder (Reuters) - President Joe Biden's administration has asked U.S. energy companies to prepare affidavits documenting ...
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