U.S. auto parts firms urge NAFTA compromise to cover engineering work
WASHINGTON (Reuters) - A trade group representing U.S. auto parts makers on Monday urged the Trump administration to adopt NAFTA automotive rules that cover research, engineering, design and software development work as part of regional value content goals.
The alternative proposal from the Motor and Equipment Manufacturers Association (MEMA) was sent to U.S. Trade Representative Robert Lighthizer as a sixth round of negotiations to modernize the North American Free Trade Agreement began in Montreal.
(Reporting by David Lawder; editing by Grant McCool)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- AutoZone (AZO) PT Lowered to $3,648 at Truist Securities
- AutoZone (AZO) PT Lowered to $3,750 at Guggenheim
- Corpay agrees to $100M FTC settlement over marketing practices
Create E-mail Alert Related Categories
Litigation, Politics, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share