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U.S. unveils proposal to boost autos content in NAFTA - sources

Reuters  |  WASHINGTON 

WASHINGTON (Reuters) - The United States on Friday formally unveiled proposals to boost the amount of regional content that autos must contain to qualify for NAFTA tariff-free access, three sources familiar with the negotiations told Reuters on Friday.The push for higher content is one of the Trump administration's key demands at talks to modernize the North American Free Trade Agreement.Canada and Mexico, the other two members of the pact, strongly oppose the idea on the grounds that it will disrupt the highly-integrated continental auto industry.One of the sources said the U.S. wants to ...

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First Published: Fri, October 13 2017. 20:10 IST
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