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Monday, June 25, 2018
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NAFTA, American Made, Cars

Why Reopening NAFTA Could Revive Debate Over What Makes A Car ‘American’

Auto industry officials expect Trump to urge Canada and Mexico to agree to new tougher “rules of origin” that would require a higher percentage of North American content to be considered tariff free. Under NAFTA, at least 62.5 percent of a passenger car or light truck’s net cost must originate in North America – defined as the United States, Canada, or Mexico – to avoid tariffs.

January 24, 2017