JOC Events

Commentary

Given less attention than the resin boom and Asia import growth, but still deserving a close watch is the potential for Gulf ports to funnel a rebound in Latin American trade
In exchange for dropping its proposal for 50 percent of content to come from the United States, US policy makers tabled a new suggestion that would require US automakers to have their auto content produced in jurisdictions with a set minimum wage in exchange for financial credits to help offset the additional labor costs. It is a proposal that is being given serious consideration by Canadian and Mexican policy makers, as well.