Consumer Discretionary / Industrials

Henry Kwon

Thematic (Sector/Industry)

United states Automobiles / Thematic (Sector/Industry)

According to The Globe and Mail (<a href="https://www.theglobeandmail.com/report-on-business/international-business/us-drops-contentious-auto-content-proposal-in-nafta-talks/" target="_blank">https://www.theglobeandmail.com/report-on-business/international-business/us-drops-contentious-auto-content-proposal-in-nafta-talks/</a> ), the Trump Administration has dropped a controversial demand that all passenger cars coming into the U.S. from Canada and Mexico contain at least 50% of total content originate in the U.S., but no mention was made of the proposal for increasing the 62.5% NAFTA origination rule to 85%.  As of the time of this writing the media…

According to The Globe and Mail (https://www.theglobeandmail.com/report-on-business/international-business/us-drops-contentious-auto-content-proposal-in-nafta-talks/ ), the Trump Administration has dropped a controversial demand that all passenger cars coming into the U.S. from Canada and Mexico contain at least 50% of total content originate in the U.S., but no mention was made of the proposal for increasing the 62.5% NAFTA origination rule to 85%.  As of the time of this writing the media…

US Autos: Washington Backing Down on Controversial 50% U.S. Origination Proposal Under NAFTA?