At USMCA hearing, ITC probes auto rules’ impacts on North American industry

The U.S. International Trade Commission on Thursday pressed representatives from the North American automotive sector on how the U.S.-Mexico-Canada Agreement’s auto rules of origin are impacting an industry facing overlapping supply chain disruptions and a driving imperative to transition to electric vehicles. During an all-day hearing, held as part of an investigation required by the USMCA implementing legislation, witnesses described the rules’ effects on investments, wages and employment, as well as how the rules interact with a host of challenges...