Mexico plans to suggest regional content proposal for autos in NAFTA talks
Mexico will make a proposal for regional content requirements for autos at the next round of discussions to renegotiate NAFTA , a high level Mexican official suggested on Wednesday. “Moving the rule significantly would mean big changes in costs,” he said.
At the latest round of negotiations in Montreal, Canada offered that expenses for engineering, research and development and other high-value toil, labor be taken into account when figuring out regional content for autos. Mexico acclaimed this as “innovative”, still Trump’s trade chief rejected it.