The entry into force of the United States Mexico Canada Agreement (USMCA) today is being celebrated by automotive suppliers and steel producers in North America. USMCA, signed into law in January, replaces the North American Free Trade Agreement (NAFTA). According to the Trump Administration, the agreement will expand U.S. manufacturing and is vital for the […]
USMCA Trade Agreement Signed into Law
At a ceremony yesterday, President Trump signed the United States-Mexico-Canada Agreement (USMCA) that will replace the North American Free Trade Agreement (NAFTA). According to the Administration, the agreement will expand U.S. manufacturing and is vital for the auto industry. Negotiated in 2018, USMCA also contains new protections for American intellectual property, digital trade provisions and […]
Business Groups Applaud Senate Passage of USMCA
Automotive and general business groups are applauding the passage of the the U.S.-Mexico-Canada Agreement (USMCA) that was negotiated in 2018 to replace the existing North American Free Trade Agreement (NAFTA). In a rare display of bi-partisanship in the face of the impeachment trial of President Trump, the Senate voted 89-10 yesterday in support of the […]
NADA Urges Congress to Pass New North American Trade Pact
National Automobile Dealers Association (NADA) 2019 Chairman Charlie Gilchrist announced October 8 the organization’s support for the United States-Mexico-Canada Agreement (USMCA) at the Automotive Press Association luncheon in Detroit, Mich. The USMCA was signed last November by the United States, Canada and Mexico and the new trade agreement is designed to replace the North American […]
Auto Manufacturers and Parts Suppliers Applaud Mexican Passage of USMCA
Mexico is the first country to ratify the new free trade agreement for North America. Vehicles manufacturers and OEM and aftermarket parts suppliers are applauding the ratification yesterday by Mexico of the U.S.-Mexico-Canada Agreement (USMCA) that was negotiated last year to replace the existing North American Free Trade Agreement (NAFTA). The agreement includes updated rules […]
U.S.-Mexico-Canada Trade Agreement Signed
Today at the G20 Summit being held in Argentina, the United States, Canada and Mexico signed the new trade agreement announced in October to replace the North American Free Trade Agreement. The new United States-Mexico-Canada Agreement (USMCA) centers on the auto industry and the Trump Administration’s desire to have higher North American-produced content in automobiles […]
U.S. and Canada Reach Agreement on Revamped NAFTA
The U.S. and Canada announced that they reached an agreement to revamp the North American Free Trade Agreement (NAFTA). Mexico and U.S. had previously announced an agreement to modernize the agreement. A key piece of the new new United States-Mexico-Canada Agreement (USMCA) centers on the auto industry and the Trump Administration’s desire to have higher […]
Trump Administration Announces Preliminary Mexico Trade Agreement
President Trump yesterday announced that it had secured a preliminary United States–Mexico Trade Agreement that it believes modernizes and rebalances the trade relationship to reflect the realities of the 21st century. The effort, part of the Administration’s effort to renegotiate the North American Free Trade Agreement (NAFTA), includes “rules of origin” requirements to incentivize billions […]
Auto Care Association, AIA Canada and ARIDRA Submit Joint NAFTA Statement to USTR
The Auto Care Association in the U.S., the Automotive Industries Association of Canada (AIA) representing Canada, and the Asociación Nacional De Representantes, Importadores y Distribuidores de Refacciones y Accesorios Para Automóviles, A.C. (ARIDRA) representing Mexico submitted a joint position statement to U.S. Trade Representative Robert Lighthizer on behalf of the North American automotive aftermarket groups […]
Auto Care Association, American Insurance Association Support NAFTA Modernization
Aaron Lowe, senior vice president, government and regulatory affairs, Auto Care Association, testified June 28 before the United States Trade Representative (USTR) in support of the North American Free Trade Agreement (NAFTA) in Washington, D.C. “A regional agreement with our neighbors and two of our largest trading partners benefits our membership and the U.S. economy,” […]