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Ross: Automakers will adapt to a higher NAFTA rule of origin

October 11, 2017 at 8:24 PM
Automakers will learn to live with a higher NAFTA rule of origin, Commerce Secretary Wilbur Ross said Wednesday, the first day of a fourth round of NAFTA talks. The U.S. is expected at this round to table a proposal that would increase the NAFTA regional value content requirement from 62.5 percent to 85 percent, require 50 percent U.S. content, and expand the tracing list. Ross also defended a dollar-for-dollar U.S. government procurement proposal – which, like the auto rule-of-origin proposal,...

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