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Trump Administration Backs Off 50% Content Demand in NAFTA

Move puts negotiations back on track.

by on Mar.21, 2018

U.S. Trade Representative Robert Lighthizer reportedly took the 50% U.S. content demand off the table last week.

It appears that negotiations for the North American Free Trade Agreement are back on track after the Trump Administration relented on its demand that vehicles built in Canada and Mexico and exported to the U.S. must contain 50% U.S. content.

The demand, which Trump Administration officials were told by automakers would be impossible to implement, essentially brought the talks about revising the decades old trade deal between Canada, Mexico and the U.S. to a halt.

Trade News!

The Trump Administration had been seeking to raise the amount of NAFTA content in autos to 85% from 62.5% and secure 50% of the total for the United States. (more…)