U.S.-Mexico NAFTA Update Includes Revised Auto Rules of Origin
According to multiple news sources, the updated auto rules of origin require that 75 percent of a vehicle’s content come from North America – up from the current 62.5 percent – to receive duty-free treatment.
Border Tax, NAFTA Exit Could Hurt U.S. Auto Industry
A Boston Consulting Group study concluded that car prices, vehicle sales, supply chain decisions and industry employment all could take a hit from the proposals.