Saturday, November 25, 2017

Trump's NAFTA negotiations

The United States has called for raising that threshold for the automobile industry to 85 percent, up from 62.5 percent previously. And it has asked for a new requirement that half of a car be manufactured solely in the United States--a provision at odds with the wishes of American automakers, who fear it will drive up their costs and make them less competitive globally.

Canadian and Mexican officials did not make specific counterproposals to these requests. Instead, they presented data showinbg the harm the proposition would inflict on the auto sector and pressed the United Stats to explain its reasoning.

That response frustrated the United States.

NYT November 22, 2017

No comments:

Post a Comment