Automakers of North America try to stop US government form rule changing
Date
12/20/2017 2:40:57 AM
(MENAFN) Automakers of Mexico, Canada and the US are trying to deter the American government from changing the rules of origin contained in the North American Free Trade Agreement (NAFTA).
President of the Mexican Automotive Industry Association (AMIA) said: "We are in an educational phase, in which we want the decision-makers in the United States to help us persuade those who are pushing for an unrealistic change."
However, the White House wants to change rules so that at least 85% of vehicles must be made in North America to be entitled to NAFTA's preferential rates.
Negotiators from all sides have met last week in Washington to examine the sharpest proposals of the NAFTA talks, which also include the rules of origin.
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