Sentences with phrase «regional value content»

The product also must contain a minimum of 60 per cent regional value content based on the selling price, or 50 per cent based on the cost price.

CETA, meanwhile, requires 80 per cent regional value content based on the selling price.

However, the required regional value content requirement amounts are getting further and further from responsible trade tactics that benefit both consumers and manufacturers.

After the regional value content requirements in the Auto Pact, other trade agreements like NAFTA and the TPP have included similar language.

The United States also is seeking to lift the regional value content requirement forNAFTA - produced cars and trucks to 85 % from 62.5 %.

The U.S. proposal calls for overall regional value content to rise to 75 percent from the current 62.5 percent, but significantly lower than USTR's initial 85 percent demand.

Not exact matches

The latest U.S. proposal for updating NAFTA's automotive rules would carry a four - year phase - in to meet a higher, 75 percent regional value threshold as well as new labor content rules requiring substantial work at hourly wages of at least $ 16.

Negotiators are now said to be settling on a system that sets the regional content standard at 75 per cent, and helps car companies get credits to meet that standard if they invest in high - value research and pay workers more than $ 15 an hour.

WASHINGTON, April 30 The latest U.S. proposal for updating NAFTA's automotive rules would carry a four - year phase - in to meet a higher, 75 percent regional value threshold as well as new labor content rules requiring substantial work at hourly wages of at least $ 16.