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September 01, 2020 10:18am
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NAFTA replacement USMCA could make Mexico-built cars more expensive

An 11th-hour agreement Sunday night between the U.S. and Canada sealed a new trade deal between the three primary North American economies that could increase the cost of building cars in Mexico. The new deal—the United States-Mexico-Canada-Agreement—replaces the Clinton-era NAFTA. While much of the new USMCA trade deal is focused on...
FCA's Windsor, Ontario, assembly plantAn 11th-hour agreement Sunday night between the U.S. and Canada sealed a new trade deal between the three primary North American economies that could increase the cost of building cars in Mexico. The new deal—the United States-Mexico-Canada-Agreement—replaces the Clinton-era NAFTA. While much of the new USMCA trade deal is focused on...
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