The Globe and Mail reports in its Saturday, Sept. 23, edition that Commerce Secretary Wilbur Ross
says Washington will
push for higher U.S. content in
auto manufacturing as North American
free-trade agreement renegotiations enter the third
round in Ottawa.
The Globe's Robert Fife, Steven Chase, Greg Keenan and Adrian Morrow write that Mr. Ross on Friday said the share of U.S.
manufacturing content in
imports has dropped significantly
since NAFTA took effect
in the 1990s.
Mr. Ross said recently: "If we don't fix the rules of origin,
negotiations on the rest of
the agreement will fail to meaningfully
shift the [U.S.] trade
imbalance. That is going
to change under President [Donald]
Trump, and rules of origin
are just the beginning."
Mr. Ross's comments were immediately
refuted by Canadian auto-industry
executives during a
meeting with Foreign Affairs
Minister Chrystia Freeland late
Friday afternoon.
Automotive Parts Manufacturers'
Association of Canada president says, "The U.S. has fared better than
Canada over the last 16 years."
Canada-U.S. trade is effectively
in balance with Canada posting a
sizable deficit in auto parts and
running a surplus in finished vehicles.
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