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USMCA’s Future Hangs in Balance | US News
The USMCA, North America’s $1.9 trillion trade pact, faces a pivotal review this week as the U.S. pushes for major changes—especially higher North American content requirements in autos, which could hike costs and disrupt supply chains. While no dramatic overhaul is expected on the anniversary, businesses from importers to automakers are bracing for uncertainty, fearing costly adjustments and financial losses. The U.S. also seeks to block Chinese goods from entering duty-free, but its demands may prove too steep for Mexico and Canada. With predictability in short supply, companies across the…
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