According to The New York Post, Trump administration demands in NAFTA trade negotiations meant to push auto jobs back to the United States may not be enough to spark a shift in where automakers build cars and trucks.
New math to determine what qualifies as vehicle content, what limits apply to allow tariff-free auto imports and how long companies would have to comply under a new NAFTA agreement will likely not move the needle for Detroit automakers in particular, industry executives and supply chain experts said.
Automakers are unlikely to uproot billions of dollars of investments in plants and supply chains. “Broadly speaking the (tariff) increase isn’t big enough to make a wholesale change,” said Mark Wakefield, head of the North American automotive practice for consultancy AlixPartners. …
Source: The New York Post
more recommended stories
New Mérida Periférico public transport route to kick off this summer
The new “Va y Ven” public.
Homeowner discovers his Canadian tenant dead in downtown Mérida
Mérida, Yuc., May 06, 2021 (SIPSE).-.
10 interesting facts about the “Penacho de Moctezuma”
Today The Yucatan Times will give.
Sister Universities of Yucatán join forces in the “Virtual Games”: 500 athletes are expected to participate
Mérida, Yucatán (May 06, 2021).- The.
Authorities arrest man for beating up his mother and sisters in Merida
Mérida, Yucatán, (May 06, 2021).- Jair.
Israel bans entry to travelers arriving from Mexico
The reason is that Mexico, along.
Biden offers help to Mexico in relation to the Metro Line 12 accident
“The United States joins the people.
Another fatal accident on the Merida-Cancun highway near the entrance to Hacienda Teya
Mérida, Yucatán, May 06, 2021.- A.
Tragedy On Metro L12: political and business negligence
The responsibility lies in poor budget.
CDMX Metro, a time bomb
The most worrying thing about the.