U.S. auto industry faces increased uncertainty without extension of USMCA trade deal

Why Krugman Thinks We Need Chinese Auto Tariffs

As the United States, Canada, and Mexico prepare to renegotiate the USMCA trade deal, one industry sits squarely at the center of the debate: automobiles. Companies like Linamar depend on highly integrated supply chains that send components across borders multiple times before a vehicle is completed. Nobel laureate Paul Krugman argues that competition from China demands some trade barriers, while Council on Foreign Relations expert Shannon O’Neil says the region’s manufacturing strength depends on cross-border production. Supporters of the agreement warn that uncertainty poses the biggest risk to investment, jobs, and the future of a trade relationship that supports over a trillion dollars in annual commerce. (Source: Bloomberg)

General Motors says renewal of CUSMA ‘very important’ for auto industry

As uncertainty remains around North American trade relations, General Motors says CUSMA, the Canada-United States-Mexico Agreement, is 'very important' for the automobile industry.

USMCA’s Future in Doubt as Renewal Deadline Approaches

Less than a week before the renewal deadline for the USMCA arrives, the trade deal’s future looks increasingly in doubt. ... The post USMCA’s Future in Doubt as Renewal Deadline Approaches appeared first on The New American.

Why these 20 stocks, including KPIT, Kotak Bank, will be in focus on Wednesday

Auto sales figures especially from EV makers, Zee stake sale, NTPC deal, Unimech order, Glenmark Pharma’s USFDA warning to figure in today’s trade

USMCA ‘remains in force,’ Ebard says, as Mexico eyes tariff reductions: Thursday’s mañanera recapped

After the U.S. announced its intention to allow the trade pact to lapse in 2036, federal officials on Thursday sought to reassure investors that the possibility of an extension remains on the table. Sheinbaum also report on advances in the production of Mexico's Olinia electric cars. The post USMCA ‘remains in force,’ Ebard says, as Mexico eyes tariff reductions: Thursday’s mañanera recapped appeared first on Mexico News Daily