U.S. Pushes Stiffer Content Rules for Nafta Car Makers
U.S. Pushes Stiffer Content Rules for Nafta Car Makers.
Proposal to tighten origin requirements for auto parts threatens to upend supply chains in Mexico.
MONTERREY, Mexico—American trade negotiators are taking aggressive measures to close what they describe as a Mexican “back door” through which steel and other auto-manufacturing components produced outside North America are sold tariff-free in the U.S.
The U.S. trade representative has proposed a significant expansion of the North American Free Trade Agreement so-called tracing list for auto manufacturing, which enumerates parts that require stringent proof of where they were originally made, according to three people familiar… Read the full article here
Date:
July 3, 2020