Manufacturing News

NAFTA deal unlikely to meet US Congress deadline, says Mexican top negotiator
Two days ahead of the deadline established by the US Congress to receive the revised North American Free Trade Agreement (NAFTA) and submit it to ratification, the Government of Mexico acknowledged that there is no margin to conclude the talks. In an interview with Televisa, Mexico's Economy Secret...
Continental: protectionism, trade wars make our products more expensive
German automotive supplier Continental voiced its support to completely abolish trade tariffs or bring them into line at the lowest level. “Protectionism and trade wars make our products more expensive,” Continental CEO, Dr. Elmar Degenhart, at the technology company’s Annual Shareholders' Mee...
US postpones tariffs on steel, aluminum for Mexico and Canada
The Trump administration announced it has delayed most of its tariffs on imported steel and aluminum until at least June 1. Such tariffs were scheduled to take effect at 12:01 a.m. Tuesday on imports from Canada, Mexico, Argentina, Australia, Brazil and the EU. According to media reports the admini...
Mexico’s auto industry lobby rejects news proposals on rules of origin
The Mexican Automotive Industry Association (AMIA) voiced its rejection to the latest proposal by the U.S. trade representatives involved in the renegotiation of NAFTA, who demanded a four-year phase-in period for cars made in North America to meet a 75% regional content threshold plus requiring sub...
NAFTA talks put on hold until May 7 for consultations
Negotiations on a new NAFTA will stall until May 7, allowing time for consultations with the auto industry in Mexico and for U.S. Trade Representative Robert Lighthizer to visit China, Reuters reported. According to auto industry officials, the U.S. currently demands 75% of NAFTA content in vehicle...

Login to Digital Content

feed-image News RSS

Subscribe to our Newsletter Bulletin