How will the “new NAFTA,” the US-Mexico-Canada Agreement, affect the automotive and manufacturing industry in the US? President Trump says that USMCA will usher in "a new dawn for the American auto industry and the American auto worker." This North American trade deal still has a long way to go before enacted, but smart companies are taking action now to benefit.
During this webinar with American Shipper, our subject matter experts discuss some of the important changes in the new deal that are tailored for manufacturers, including:
Exemptions from unilateral auto tariffs
An increase in the amount of North American content required in vehicles to meet duty free treatment, from 62.5% to 75%
Some additional workers’ rights protection language
Rules to cover the exchange of goods by electronic means (for example, the online sale and transfer of software) vaguely referred to as e-business in the media