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Trump administration wants to raise North American auto content to 82%, with half from U.S.

Latest articles - The Japan Times·Trump administration wants to raise North American auto content to 82%, with half from U.S.·2 days ago
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U.S. Trade Representative Jamieson Greer talks with Mexican Economy Minister Marcelo Ebrard as they leave National Palace amid talks to review the U.S.-Mexico-Canada trade pact, in Mexico City last month. | REUTERS WASHINGTON/MEXICO CITY – U.S. President Donald Trump’s administration issued a sweeping demand to Mexico to raise the level of regional content in North American-built cars and trucks to 82% to qualify for preferential trade deal access, with 50% of that value produced in the United States, four people familiar with the U.S. negotiating stance said ​on Friday. The proposed new thresholds were revealed to automakers during two days of bilateral talks to revise the U.S.-Mexico-Canada Agreement on trade that concluded on ‌Friday. Canada ‌was excluded from the negotiations in Mexico City. There was no provision for counting any parts content from Canada in ​the revised totals.…

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