November 4, 2024
U.S. pushes for domestic content requirement in NAFTA auto rule of origin
MEXICO CITY -- The U.S. made clear at the second round of NAFTA modernization talks that it is serious about incorporating a domestic content requirement in a retooled deal's auto rule of origin, sources told Inside U.S. Trade . The proposed requirement for U.S. content in a NAFTA-eligible vehicle could range from 35 percent to 50 percent, these sources said. Another source said U.S. negotiators specifically discussed a 40 percent domestic content requirement. The U.S. was not, however, expected to...
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