Trump administration wants to raise North American auto content to 82%, with half from U.S. - BNN Bloomberg

WASHINGTON/MEXICO CITY, May 29 - The Trump administration wants to increase the level of regional content in North American-built vehicles to 82 per cent to qualify for preferential treatment under the U.S.-Mexico-Canada Agreement on trade, with 50 per cent of that value produced in the United States, four people familiar with the U.S. negotiating position said. The expansive demand, unveiled during this week’s U.S.-Mexico negotiations over revisions to the six-year-old USMCA in Mexico City, has no provision for counting any parts content from Canada in the totals. Canada is not represented i…