Fellow for Trade Policy, @CFR_org; PhD @GUGovt. Books editor @trade_review. Fmr. @CatoTrade. TBT = technical barriers to trade. RT ≠ endorsements. Views my own.
Aug 27, 2018 • 22 tweets • 4 min read
So the U.S. and Mexico agreed to some things today to update #NAFTA. I've looked through the documents posted on the USTR site, and here are some highlights:
#RoO, everyone's favorite subject. NAFTA RoO for autos require 62.5% North American content. This has been increased to 75%, which is a significant change. Previous rumors of a 70% content requirement are thus finally disproved.