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President Donald Trump wants to make U.S. manufacturing great again. He might just hobble the American auto industry in the ...
Industry leaders from companies like BMW, JLR, Marelli, Adient and Forvia, alongside representatives from associations such as ACEA, Eurobat and Plastics Europe, shared insights on sustainable ...
Addressing these areas holds the potential for significant improvements in regional competitiveness and economic security.
The U.S. required country-of-origin labeling on a slate of ag food products, including meat, fish and fruit and vegetable products, beginning in 2009.
Finally, the USMCA introduced a new LVC rule that requires that a certain percentage of each producer’s qualifying vehicles be produced by employees making an average of $16 per hour.
When USMCA replaced NAFTA in 2020, the rules-of-origin for automobiles were tightened. The new trade agreement requires 75 per cent of a vehicle be made from parts sourced within North America, up ...
U.S. stocks resumed their recent sell off on Thursday after the Wednesday reprieve for automotive goods made under USMCA rules briefly helped steady markets that have been whipsawed by Trump's ...
These negotiations could revolve around North American content rules for automobiles. Under the USMCA, 75 per cent of auto parts have to be sourced within North America, up from 62.5 per cent ...
USMCA’s current rules of origin, let alone more stringent ones, won’t help reshore electric vehicle production. On the contrary, they could trigger “inversions,” pushing U.S. firms offshore.
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