(David Ljunggren & Anthony Esposito – Reuters)
U.S., Mexican and Canadian officials plan to schedule discussions on trade rules for auto production in North America if no progress is made on the issue in the current round of NAFTA negotiations, two people familiar with the matter said.
Agreeing on new rules of origin for autos has been a major sticking point in the talks on reworking the North American Free Trade Agreement (NAFTA), which U.S. President Donald Trump has threatened to ditch if it is not recast to his liking.
Talks on the issue during the seventh round of negotiations in Mexico City were suspended this week when the U.S. negotiator overseeing auto rules of origin, Jason Bernstein, unexpectedly returned to Washington for consultations with industry. Click here to read more.