Dem Deal Subsidizes EVs Made In Mexico, Canada

A Democrat deal, agreed to by Senate Majority Leader Chuck Schumer (D‑CA) and Sen. Joe Manchin (D‑WV), subsidizes electric vehicles made in Canada and Mexico — gutting the “Buy American” rules initially included in the legislation.
The Democrats’ “Inflation Reduction Act,” estimated to eliminate about 30,000 jobs in the United States, is set to be a major win for Mexico and Canada’s auto industries as well as the …