NAFTA

NAFTA replacement USMCA could make Mexico-built cars more expensive
NAFTA replacement USMCA could make Mexico-built cars more expensive

An 11th-hour agreement Sunday night between the U.S. and Canada sealed a new trade deal between the three primary North American economies that could increase the cost of building cars in Mexico. The new deal—the United States-Mexico-Canada-Agreement—replaces the Clinton-era NAFTA...Read More»

Ford Kentucky Truck Plant
US, Mexico reportedly strike deal on new NAFTA agreement

Representatives from the U.S. and Mexico tentatively struck a deal Monday to revise key portions of the North American Free Trade Agreement, possibly bringing to an end monthslong barbs between the two countries about fair trade and escalating tariff threats. The New York Times and The Washington...Read More»

First 2018 Nissan Leaf produced at assembly plant in Smyrna, Tennessee, Dec 2017
US, foreign automakers spar over Trump's NAFTA rework

Talks between the U.S., Canada, and Mexico are expected to resume Tuesday on President Donald Trump's efforts to rework the 1994 North American Free Trade Agreement (NAFTA) between the three countries. No matter what U.S. Trade Representative Robert Lighthizer and Mexican Economy Minister Ildefonso...Read More»

Cadillac CT6 uses advanced aluminum and steel structure to save 198 pounds
Trump imposes hefty import duties on imported steel, aluminum used to build cars in U.S.

The U.S. Commerce Department said Thursday that it won't exempt major U.S. trading partners from duties as high as 25 percent on the raw materials imported to the U.S. used to build new cars. The new protectionist import tariffs announced Thursday by Commerce Secretary Wilbur Ross on imported steel...Read More»

Workers assemble a Fiat 500 in Toluca, Mexico
US considers tariff on imported cars

In a move that analysts say is designed to put pressure on Mexico as NAFTA talks ramp up, U.S. Commerce Secretary Wilbur Ross said Wednesday that President Donald Trump has ordered an investigation into car imports to determine if a protectionist measure such as an import duty should be invoked...Read More»

Workers assemble a Fiat 500 in Toluca, Mexico
U.S. NAFTA demands “not viable” according to Mexican Economy Minister

The Trump administration’s proposal to require 50 percent of the value of vehicles to be produced in the U.S. remains a hotly contested sticking point in ongoing NAFTA negotiations. Mexico’s Economy Minister, Idelfonso Guajardo, underscored that point in front of reporters on Wednesday...Read More»

FCA's Windsor, Ontario, assembly plant
As NAFTA battle lines are drawn, repercussions loom on dealership lots

NAFTA negotiations have reached an impasse in several key areas, chief among them a series of regulations surrounding the automotive sector. While Canadian Foreign Affairs Minister Chrystia Freeland referred to a “series of unconventional proposals” and Mexican Secretary of the Economy...Read More»

2016 Nissan Altima 2.5SL
The LCD screen on your dashboard is likely to take center stage in NAFTA negotiations

As NAFTA negotiations begin this week, tensions are high over the anticipated showdown between the Trump administration and the automotive industry. Likely to be at the very epicenter of Trump’s vision of incentivizing American manufacturing jobs are the LCD screens that have sprouted on...Read More»

A Honda dealership in Erie, Penn.
If Trump axes NAFTA, new car prices could go up

If the Trump administration renegotiates or even pulls out entirely from the North American Free Trade Agreement, new car buyers may be forced to pay considerably higher prices. Among all the rumors swirling around President Donald Trump's plan to scrap NAFTA and tax products imported into the U.S...Read More»

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