Auto provisions were a major U.S. focus in revamping NAFTA, but analysts say the changes will have modest impact
WASHINGTON - Negotiators from the U.S. focused much of their effort in reworking the North American Free Trade Agreement on provisions affecting auto manufacturing, touting the final deal with Canada and Mexico as a boon to domestic carmakers and their employees.
"Once approved, this will be a new dawn for the American auto industry and for the American autoworker," President Trump declared in announcing the accord on Monday. His chief trade negotiator, Robert Lighthizer, singled out the new auto rules, saying they are "really going to bring back jobs to America."
But as innovative and substantial as the changes are, experts said the amendments in the new U.S.-Mexico-Canada Agreement - specifically a new minimum-wage requirement for some workers and an increase in the North American-produced content of vehicles necessary for tariff-free trade - will provide
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