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How Will the Shift from NAFTA to USMCA Affect the Auto Industry?

October 12, 2018


The Trump administration’s unapologetic disparagement of the North American Free Trade Agreement (NAFTA) has resulted in a replacement agreement, announced October 1, with the governments of Canada and Mexico.

Now that NAFTA is called the United States-Mexico-Canada Agreement (USMCA), how has it changed besides in name?

The USMCA will implement four measures affecting automakers, (which we address in more detail in our white paper “U.S. & China: Tariff Impact Report”).

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