(Photo: SAUL LOEB/AFP/Getty Images)
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. …
Click here for full article on the New York Post
Source: The New York Post
Comments
more recommended stories
Amidst pandemic, Chichén Itzá is the second most visited archaeological site in MexicoIn the last four months of.
Maya Train construction causes partial closure of the Merida-Cancun highwayFor tens of kilometers, vehicles must.
Party with over 50 people shut down by police in Kanasín, Yuc.The party was held on the.
Archaeological sites in Yucatan operating during Covid-19 pandemicAfter the first coronavirus outbreaks, the.
Yucatan man dies after being involved in two traffic accidents on the same dayFirst, he crashed in the morning,.
Mahahual businessmen want to acquire COVID-19 vaccinesLocal businessmen assure that this would.
3 bars in Mérida are closed for failing to comply with sanitary measuresThe State Government closed a restaurant.
State government provides incentives to encourage henequen productionIn support of Yucatecan farmers dedicated.
Clandestine cockfight suspended in Abalá, YucatanA cockfight, allegedly authorized by the.
More than 65 million shots of the Covid vaccine have been administered throughout the worldThe biggest vaccination campaign in history.
BUSQUE A UN MÉDICO
Leave a Comment