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Aug. 27th, 2018 11:48 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
timeletsConsumers will pay more for cars sold in the US.
In the current NAFTA agreement, the share of NA parts is 62.5%.
upd; https://ustr.gov/about-us/policy-offices/press-office/press-releases/2018/august/united-states%E2%80%93mexico-trade-fact-1
The two countries have agreed that 75% of a product must be made in the US and Mexico to receive tax-free treatment, which is more than in the existing deal, the US said.
On cars, the two sides also settled on rules that will require 40%-45% of each vehicle to be made by workers earning at least $16 an hour.
https://www.bbc.com/news/business-45323634
In the current NAFTA agreement, the share of NA parts is 62.5%.
upd; https://ustr.gov/about-us/policy-offices/press-office/press-releases/2018/august/united-states%E2%80%93mexico-trade-fact-1
