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‘Discriminatory’ EV tax credit could bring Mexico-imposed tariffs

Teslarati

DECEMBER 3, 2021

The $12,500 electric vehicle tax credit proposed in President Joe Biden’s “Build Back Better” plan is being labeled as “discriminatory” by Mexican Economy Minister Tatiana Clouthier, who said the country is analyzing legal recourse and other actions, including potential tariffs against the United States.

Tax Credit

Tax Credit Mexico Tax Cyprus

U.S. Passes Landmark Law to Fund Semiconductor Manufacturing

Cars That Think

JULY 29, 2022

The CHIPS and Science Act , provides about $52 billion over 5 years to grow semiconductor manufacturing and authorizes a 25 percent tax credit for new or expanded facilities that make semiconductors or chipmaking equipment. Twenty-five percent [tax credit] means we’re in it to win.” —Ian Ian Steff, former U.S.

Manufacturer

Manufacturer Tax Credit Congress United States

EV Driven

‘Discriminatory’ EV tax credit could bring Mexico-imposed tariffs

U.S. Passes Landmark Law to Fund Semiconductor Manufacturing

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