Mexico prepares to make regional content proposal for autos in NAFTA talks

Mexico prepares 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 discussions to renegotiate  NAFTA , a high level Mexican official explained 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 task be taken into account when calculating regional content for autos. Mexico acclaimed this as “innovative”, but Trump’s trade chief rejected it.

 

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