U.S.-Mexico NAFTA Update Includes Revised Auto Rules Of Origin
The White House announced that the U.S. and Mexico reached a preliminary agreement to modernize the North American Free Trade Agreement (NAFTA). The preliminary agreement, called the United States-Mexico trade agreement, currently excludes Canada, but sources say the three countries are working toward a three-way agreement possibly by the end of this week.
MEMA Responds To Announcement Of Bilateral NAFTA Deal
MEMA says that, while it appreciates the progress made by the Trump Administration and the Mexican government, it encourages a renewed focus on a three-party agreement that includes Canada.
Auto Care Association To Host Webinar Following 7th Round Of NAFTA Renegotiation
The webinar will focus on the latest developments in the renegotiation process of NAFTA and its potential impact on the auto care industry.
Marco Crola Appointed New CEO Of Pirelli Tire NAFTA
Crola brings a wealth of experience to his new role, having successfully grown Pirelli’s global original equipment sales and prestige business unit since joining the company in 2006.
MEMA Sends The Trump Administration Recommendations On How To Improve But Save NAFTA
The letter lists five specific recommendations to improve NAFTA, including retaining a tariff shift for automotive parts and providing incentives to U.S. companies to train and expand the U.S. workforce.
Dramatic Modification Or Withdrawal From NAFTA Could Impact American Companies Already Struggling To Maintain Workforce, MEMA Study Shows
New research released by the Motor & Equipment Manufacturers Association (MEMA) shows that Trump administration policies that aim to bring jobs back to the United States may exacerbate challenges American businesses are already experiencing in recruiting and retaining a qualified workforce.
Auto Care Association Hosts NAFTA Renegotiation Update Webinar Featuring International Trade Experts
The webinar will examine the latest provisions related to the auto industry and how potential changes to NAFTA could impact automotive supply chains in North America.
2nd MEMA Policy Meeting Discusses Best Approaches To NAFTA Renegotiation
The panel tackled tough topics related to NAFTA, including national security, reshoring jobs, tariffs on imported materials, trade deficits and the value of an integrated supply chain.
Border Tax And NAFTA Exit Could Harm US Motor Vehicle Industry, Study Finds
A 15 percent border tax would cost U.S. automakers and suppliers $22 billion a year, net; from leaving NAFTA, a 20 percent tariff on Mexican imports would drive up production costs per vehicle by $650 on average, according to BCG analysis.
Auto Care Association, AIA Canada And ARIDRA Submit Joint NAFTA Statement To USTR
In the letter, the three associations strongly support maintaining NAFTA and efforts to modernize the agreement, including “expand[ing] the existing framework that protects investments, facilitates trade and creates competitive value chains that benefit our members and their customers.”
