De la Mora: U.S. view of USMCA auto rules of origin imperils industry

The U.S.’ interpretation of the U.S.-Mexico-Canada Agreement’s automotive rules of origin, which could lead to the formation of a dispute panel under the deal, poses a threat to the North American auto industry as a whole, according to Luz María de la Mora Sánchez, under secretary for foreign trade in Mexico’s Economy Secretariat. Mexico on Friday requested consultations with the U.S. under USMCA over differing interpretations of methodologies for calculating the regional value content for vehicles – a disagreement that...