Quote:
Originally Posted by dyna mo
more richard baloney.
reality:
Under the changes agreed to by Mexico and the United States, car companies would be required to manufacture at least 75 percent of an automobile’s value in North America under the new rules, up from 62.5 percent, to qualify for Nafta’s zero tariffs. They will also be required to use more local steel, aluminum and auto parts, and have 40 to 45 percent of the car made by workers earning at least $16 an hour, a boon to both the United States and Canada and a win for labor unions, which have been among Nafta’s biggest critics.
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Why does that need to be in NAFTA, MX can't force US car company's quota.
Thats between trump and US auto makers.
Same with auto parts.
But wages on the other hand... that is different.
But the current low wages between those in the agreement already nearly meet or exceed that.
What did you gain ? (if ratified)
When wages here go up from inflation, it then becomes more attractive to move to MX.
And it 'would be' written in stone. Sounds good for today's purposes anyway.
Does anyone think this stuff through ?
Just enough to capture headlines.