Trump Goes for T-MEC Cars with 50% U.S. Content
9 Articles
9 Articles
As part of the renegotiation of the T-MEC, the Trump administration demands that 50 percent of the content of cars produced within the North American bloc (EU-Canada-Mexico) be American. In addition, it demands to raise the current rule of origin of North American regional components from 75 percent to 82 percent. Rules of origin are the criteria that determine whether a property can be considered as originating in North American countries and t…
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During his visit to Mexico, Jamieson Greer reaffirmed Donald Trump's position: the treaty will only move forward if Mexico is a reliable partner.
In addition, he announced a 10% tariff for violations of the law against forced labour. In response, Marcelo Ebrard said that more than 80% of Mexican exports are still protected by the T-MEC.
The US conditions its support for T-MEC. During his visit to Mexico, Jamieson Greer reaffirmed Donald Trump's position: the treaty will only advance if Mexico is a reliable partner.
The US is conditioning its support for the USMCA. During his visit to Mexico, Jamieson Greer reaffirmed Donald Trump's position: the treaty will only move forward if Mexico is a reliable partner. He also announced a 10% tariff for violations of the law against forced labor. In response, Marcelo Ebrard asserted that more than 80% of Mexican exports remain protected by the USMCA.
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