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Tag Archives: United States-Mexico-Canada Agreement
NAFTA Lite – US-Mexico-Canada Agreement Hurts US Workers
Roughly 30% of the 2.33 million vehicles imported to the U.S. from Mexico in 2017 don’t meet the current 62.5% content requirement. Continue reading
Posted in auto news, economy, financial results, labor issues, manufacturing, news analysis, opinions, people, sales, transportation, Trump Truth Tests
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive commentary automotive blog, Ken Zino, United States-Mexico-Canada Agreement, USMCA
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Mazda to Buy Out Sumitomo from MMVO, a JV Plant in Mexico
Given the ongoing effects of soon-to-be ex-president Trump’s losing trade wars with Canada, Mexico, China and Japan, among other nations, and the uncertainty around provisions of a new trade agreement now called USMCA (United States-Mexico-Canada Agreement), Mazda remains at risk on multiple fronts. The new Agreement went into effect, with no apparent enforcement, started on July 1, 2020. The U.S. Congress has still not ratified it. Continue reading →