Aug-27-2018 01:38 PM
Sep-01-2018 09:00 PM
Aug-31-2018 06:27 PM
Aug-31-2018 04:47 PM
Aug-31-2018 03:13 PM
Aug-31-2018 02:11 PM
Aug-31-2018 11:56 AM
moisheh wrote:
http://www.msn.com/en-ca/money/topstories/is-there-even-such-a-thing-as-a-made-in-america-vehicle-an...
Before I found the above link I was thinking about NAFTA. I remember when that deal was done. It took years and in each country many thought it would be the end of their respective country's economy. But 3 Amigos prevailed and it has become the best trade agreement in the world. For automobiles there really is no border. It is seamless. Parts and cars move across the border with ease. In many cases the parts on a car may have been in each of the 3 countries more than once. Car mfrs. became more competitive and more efficient. Of course in each country there are those who hate the deal. Without being political these people are not knowledgeable and just spout nonsense. In Canada we call this beer parlor philosophy. These same people will tell you that there is an invention that will make your car get 200 MPG but the oil companies own the rights!! Naturally each country has suffered some negative impacts. Canada lost a lot of car assembly plants to Mexico. But we still have a lot of parts MFG. One of the largest parts mfrs. is Magna. A Canadian mfr. with plants not only in all 3 countries but all over the world.
"To support North American jobs, the deal requires new trade rules of origin to drive higher wages by requiring that 40-45 percent of auto content be made by workers earning at least $16 USD per hour"
Seantics, semantics. I would love to know how this will be enforced. How will they determine the origin of the parts? Here is one example. The Dodge 3/4 ton and above trucks with a Cummins are built in Mexico ( or at least they were a few years ago). The Cummins engine probably has castings from Brazil. Chrysler is owned by the New Fiat company so some other components may be from Italy. If the bodies are stamped in Detroit but made with steel from somewhere else are those parts considered USA? AS Rocmoc pointed out NAFTA was far more than an agreement on automobiles. If the whole thing was scrapped ( as Trump has stated) the North American Auto Industry would grind to a halt. Regardless this is going to be interesting.
Moisheh
Aug-31-2018 11:36 AM
Aug-31-2018 07:55 AM
Aug-31-2018 06:26 AM
Aug-31-2018 06:21 AM
Aug-31-2018 01:32 AM
Aug-31-2018 01:20 AM
Aug-30-2018 05:45 PM
Aug-28-2018 09:04 PM