Mexico is going to suggest regional content proposal for autos in NAFTA talks
Mexico will make a proposal for regional content features for autos at the next round of discussions to renegotiate NAFTA , a top ranking Mexican official announced on Wednesday. “Moving the rule significantly would mean big changes in costs,” he said.
At the latest round of negotiations in Montreal, Canada suggested that debts for engineering, research and development and other high-value work be taken into account when computing regional content for autos. Mexico praised this as “innovative”, though Trump’s trade chief rejected it.