Quantcast
Channel: Chris Arnold
Viewing all articles
Browse latest Browse all 201

Why The Auto Industry Is Paying Special Attention To NAFTA Negotiations

$
0
0
Copyright 2018 NPR. To see more, visit RACHEL MARTIN, HOST: U.S. and Canadian trade negotiators are scrambling today to come to a compromise on a new NAFTA deal. If they don't reach an agreement by the end of the week, President Trump has threatened to cut Canada out of the deal and forge ahead with a new pact with Mexico alone. Analysts say that could be very bad for the U.S. auto industry, which makes cars and sources parts across all three countries. Here's NPR's Chris Arnold. CHRIS ARNOLD, BYLINE: Canada is our biggest trading partner for exports - bigger than China, bigger than Mexico, bigger than anybody - so the idea of cutting it out of NAFTA has all kinds of businesses nervous, especially those in the auto industry. CHRISTOPHER WILSON: Right now, you can't really talk about a car that's made in America, that's made in Canada or a car that's made in Mexico because they all use parts and materials from the other two countries. ARNOLD: Christopher Wilson is a NAFTA expert at the

Viewing all articles
Browse latest Browse all 201

Trending Articles