For more than twenty years, the North American Free Trade Agreement (“NAFTA”), and later, the United States‑Mexico-Canada Agreement (“USMCA”), ...

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And consumers will pay more,” Mayer said. Mayer was also involved in the creation of the North American Free Trade Agreement (NAFTA), which established a free-trade zone in North America.

Under the USMCA, 75 per cent of auto parts have to be sourced within North America, up from 62.5 per cent under NAFTA. The U.S. has long been concerned about Chinese auto parts in North American ...