Canada, Mexico to question
U.S. auto content demands at NAFTA talks, Reuters Morneau issue flagged for ethics czar weeks before she launched probe, Globe and Mail
Not exact matches
Guajardo said that once Mexico has a firm understanding of the
U.S. autos proposal, it can work with its own stakeholders to see what adjustments could be made to regional
content for
autos.
Mexico and Canada have rejected a
U.S. proposal to raise the minimum threshold for
autos to 85 % North American
content from 62.5 % as well as require half of vehicle
content to come from the United States.
Changing these «rules of origin» levels to boost
U.S. -
content requirements is a particularly big worry for Canada's
auto sector;
Canada and Mexico oppose a
U.S. push to boost North American
content for
autos and impose a new 50 percent standard for
U.S. - sourced parts.
These facts are why
U.S. Trade Representative Robert E. Lighthizer announced that two major objectives for NAFTA are raising the total NAFTA
content requirement and raising the
U.S. share of that requirement, especially in
autos and
auto parts.
The
U.S., according to the story, is now seeking 85 % North American
content for only certain
auto parts.