Report Finds Declining US-Produced Content in Imports from NAFTA

The share of U.S.-produced content in manufactured goods imports from Mexico and Canada has “eroded significantly” since NAFTA was implemented in the mid-1990s, according to a new Commerce Department report. Commerce Secretary Wilbur Ross said the report highlights the need to modify the NAFTA rules of origin to promote U.S. manufacturing and lower the U.S. trade deficit.

Información obtenida de: https://www.strtrade.com/news-publications-NAFTA-rules-origin-content-imports-092717.html