Automakers urge Trump administration to extend USMCA trade deal By Investing.com
Update: 2025-11-04
Description
Major car companies, including General Motors, Tesla, Toyota, and Ford, are advocating for the US government to maintain the USMCA trade deal with Mexico and Canada. They believe the agreement is crucial for American car manufacturing and have submitted their suggestions for improvements ahead of its 2026 review. The USMCA, which replaced NAFTA, has significantly benefited the industry by fostering regional cooperation and saving billions annually.
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