Economy minister: Mexican auto sector reopening in part to meet July 1 USMCA date

The Mexican government’s decision to gradually reopen the country’s auto sector was made in part because of the U.S.-Mexico-Canada Agreement’s looming entry-into-force date, Mexican Economy Minister Graciela Márquez Colín said on Tuesday. The Mexican Health Ministry, in a May 14 notice , deemed auto manufacturing an “essential activity” amid the coronavirus pandemic, meaning auto production in plants that were shut down to enforce social distancing measures can resume. “The auto sector is so important because USMCA enters into force July...