US pushes for North America-made raw materials in vehicles sold under NAFTA rules
Negotiators demanding high local content in vehicles as well as US content of 50% for vehicles sold in US
The US government is demanding the use of North America-produced steel, aluminum and other raw materials in car and trucks sold under the North America Free Trade Agreement (NAFTA) rules, Reuters reported last week. The US trade negotiators came up with the proposal last Friday (13 October) during talks on overhauling NAFTA. The proposal calls for the inclusion of steel, aluminum, copper and plastic resins on ‘NAFTA tracing list’ for auto parts, a mechanism by which regulators monitor regional content level in cars, trucks and larger engines.
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