USMCA talks to focus on U.S. content, tariff coordination, Greer says
U.S. Trade Representative Jamieson Greer is advocating for changes to the USMCA agreement to prioritize U.S. content in manufacturing supply chains. He indicated that negotiations with Canada regarding the auto sector may be challenging, while discussions on commodities are expected to be smoother. The U.S., Mexico, and Canada must decide soon whether to extend the agreement or shift to annual reviews for the next decade.
- ▪Jamieson Greer is pushing for U.S. content prioritization in manufacturing supply chains during USMCA negotiations.
- ▪Negotiations with Canada on the auto sector are expected to be difficult, while commodity discussions should be easier.
- ▪The three countries must decide by July 1 whether to extend the USMCA for 16 years or move to annual reviews for 10 years.
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Open this photo in gallery:U.S. Trade Representative Jamieson Greer at the White House in Washington, D.C., in April. The U.S., Mexico and Canada must decide on whether to extend the USMCA agreement or move to a period of annual reviews for 10 years.Evan Vucci/ReutersShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountThe United States’ top trade official says he’s pushing for changes to continental trade rules to prioritize U.S. content in manufacturing supply chains, but sees a path to preferential tariff rates in North America if Canada and Mexico co-operate with external tariffs on other countries.At the same time, Jamieson Greer warned that negotiations with Canada around the future of the country’s auto sector could be difficult, while discussions about…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.