Feigenbaum Law

concessions

Auto industry

NAFTA

Key Auto Industry Concessions Made in Ongoing NAFTA Discussions

CBC News is reporting on a breakthrough in ongoing NAFTA discussions, welcome news to many who believed that the U.S. would withdraw from the trilateral trade agreement. This week, U.S. negotiators abandoned their previous demand that all vehicles made in Canada and Mexico that are bound for the U.S. market must contain at least 50% American-made components. This had been a highly contentious sticking point in prior discussions and… Read More