Biden Admin Faces More Opposition Over Proposed EV Tax Credit
Foreign countries and automakers are lobbying to have the tax credits tossed.
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Foreign countries and automakers are lobbying to have the tax credits tossed.
The U.S. stepped in to oversee the vote due to corruption.
The deal stipulates higher wages for autoworkers and fewer imported parts.
GM would have been badly impacted by the tariffs.
Legislators from the three member nations must still approve the new agreement.
GM has a larger manufacturing footprint in Mexico than any other automaker.
More work needs to be done, according to the workers union.
He’s seeking support for the NAFTA replacement.
Some lawmakers believe USMCA doesn’t correct the troubles of NAFTA as GM announces cuts.
The leaders signed the trade agreement at the G20 summit.
The proposed replacement for NAFTA has been met with a lukewarm response from many businesses.
A vote to approve the new trade agreement will be left to the new congress in 2019.
Trump’s new North American trade deal will likely impact foreign carmakers more than domestic ones.
The new deal is officially known as the United States-Mexico-Canada agreement.
Canada has joined the U.S. and Mexico for a new trilateral agreement.
The clock is running out on a new U.S.-Canada free trade deal, but Canada isn’t about to roll over.
GM has three active manufacturing plants in Canada.
Officials from both sides say that a trilateral agreement is within reach.
A complete overview of GM’s exports to NAFTA from Mexico.
Here are three options that can take place by cutoff point.