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