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The Democratic deal agreed to by Senate Majority Leader Chuck Schumer (D-CA) and Sen. Joe Manchin (D-WV) would subsidize Canadian- and Mexican-made electric vehicles — undermining a plan originally included in the legislation “Buy American” rule.

Democrats’ ‘Reducing Inflation Act’ by Estimates exclude With about 30,000 jobs in the U.S., it would be a major win for the auto industries in Mexico and Canada, as well as the multinational corporations that outsource U.S. auto jobs to each country.

A provision originally included in the legislation initially provided thousands of dollars in tax credits for U.S. consumers who purchased U.S.-made electric vehicles, and while those credits benefited consumers directly, they provided additional benefits on automaker sales. subsidy.

Like most Buy American rules, the goal is to force automakers to move car manufacturing to the U.S. and open state-of-the-art EV factories.

However, the provision is changed Make sure EVs made in Mexico and Canada are also eligible for tax credits.The Government of Canada has claim Change wins, noting that the credits will advance their industry:

“We need the promotion of Team Canada to get here,” [Canadian Trade Minister Mary] Wu said in the email statement. “Since the Prime Minister’s first meeting with President Biden last year, we have relentlessly emphasized that The original proposal was bad for Canada and the United States, so we’re happy to see the new version of the bill acknowledges that. ” [Emphasis added]

Canadian officials made a major diplomatic effort over the winter, arguing that the original version would set back decades of consolidation in the North American auto industry. The Mexican government also slammed the original proposal, saying it was self-defeating for the U.S.. [Emphasis added]

Now, Democrats want to go further in benefiting corporate outsourcers employed in the United States. Automakers that manufacture in China are lobbying for provisions that would bar tax credits from being used for electric vehicles built with Chinese batteries.

Sen. Debbie Stabenow (D-MI) wants legislation that would subsidize companies that source electric vehicle batteries from China, Russia and other countries with tensions with the United States.

“Unfortunately after [the tax credits are] Implementing … at this point, companies don’t seem to be able to use them,” Stabenow said.

John Binder is a reporter for Breitbart News. Send an email to jbinder@breitbart.com.follow him on twitter here.





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