New NAFTA auto-content proposal contains opportunities and risks

New NAFTA auto-content proposal contains opportunities and risks

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.

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