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U.S. officials are expressing concerns about Mexico’s handling of energy permits, raising allegations of preferential treatment for state-owned energy companies.
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Mexican President Andres Manuel Lopez Obrador is flouting his country’s obligations under the trade deal that U.S. officials negotiated with Mexico and Canada, according to a new rebuke from President Trump’s team.
“We are obligated to insist that Mexico lives up to its USMCA obligations, in defense of our national interests, which include investments funded by the U.S. taxpayer,” Secretary of State Mike Pompeo, using the acronym for the trade deal, wrote to the Mexican government in a Monday letter obtained by the
Washington Examiner.
The dispute centers on Lopez Obrador’s desire to fortify state-run energy companies at the expense of the private sector. That initiative has developed into a trade controversy less than a year after the signing of the replacement pact that Trump touted as a deal to end the “NAFTA nightmare” when it was signed last January.
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