Without a strategy to absorb the advanced technology associated with contemporary automobiles, overly restrictive local content requirements are no panacea. The US is looking increasingly like middle income countries struggling to keep up in this sector.
Benjamin H. Bradlow
"The 50% U.S. content proposal is likely to be viewed skeptically by many automakers, who would struggle to source half of their content from U.S. sources."
www.wsj.com/politics/pol...
The pact with Mexico and Canada currently doesn’t have a U.S.-specific requirement.
