US Says All Options on Table to Deal With Mexico Energy Policy

(Bloomberg) – President Joe Biden’s commerce chief reiterated U.S. concerns about pro-Mexican state energy policies and said all options would be considered to resolve the dispute.

“I have made it very clear that all options are on the table and that we will continue to explore those options,” U.S. Trade Representative Katherine Tai said at a news conference on Friday after meetings with her counterparts. Mexican and Canadian in Vancouver. “We have been working on this issue, including this week, and we will continue to do so.”

Bloomberg News reported last month that the Biden administration was preparing to step up complaints that Mexico’s energy policies violate the nations’ free trade agreement, citing people familiar with the matter, who asked not to be identified without authorization to speak publicly. A decision that could exacerbate tensions between the governments of the countries.

Read more: US set to step up allegations that Mexico violated free trade pact

Asked about a possible escalation on Friday, Tai did not give specific details on next steps.

The meeting between the three ministers took place a few days after the second anniversary of the entry into force of the trade agreement between the United States, Mexico and Canada, or USMCA, and with Mexican President Andres Manuel Lopez Obrador who is expected to visit Biden in Washington next week after snubbing his invitation to the Regional Summit of the Americas in Los Angeles last month.

©2022 Bloomberg LP

Leave a Comment