WASHINGTON—The U.S. launched a commerce struggle in opposition to Mexico on Wednesday, accusing President Andrés Manuel López Obrador’s authorities of favoring its state-owned utility and oil company on the expense of American companies.
The U.S. is searching for dispute settlement consultations underneath the U.S.-Mexico-Canada Settlement—step one in what might result in tariffs on a spread of Mexican merchandise. It additionally represents a problem by the Biden administration to Mr. López Obrador’s effort to regain government control over the nation’s oil and electrical energy markets.