Will Auto Content Rules Lead to a Revised USMCA?
International Trade Partner Carlos Véjar was interviewed by The Dialogue's Latin America Advisor about the Mexican government's recent request for formal consultations with the U.S. related to how content rules for auto parts are interpreted and applied under the United States-Mexico-Canada Agreement (USMCA). The request followed talks last May about the trade deal, in which Mexico voiced disagreement over the issue in a meeting with U.S. and Canadian representatives.
"Simply put, this dispute relates to Mexico’s biggest export products by value, and it may be the country’s most relevant dispute ever filed against the United States," Mr. Véjar said. "Let’s hope the parties can resolve more disputes in consultations under the USMCA than they did under the WTO."