Canada, Mexico won’t counter U.S. auto proposal; will ask for technical details instead

MEXICO CITY -- Canadian and Mexican negotiators are not planning to offer alternatives to the U.S. proposal to add a domestic content component to the North American Free Trade Agreement’s auto rule of origin and increase the regional value content requirement, but instead will ask the U.S. to explain how it believes the approach would benefit the region, sources told Inside U.S. Trade. During sessions on Monday and Tuesday, the Canadian team is expected to describe how the...