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Auto Industry Tells Trump ‘We’re winning with NAFTA’

Posted October 24, 2017

Under Economic Issues, International Trade Issues

(David Shepardson – Reuters)

Major automakers, suppliers and auto dealers are launching a new coalition on Tuesday to urge U.S. President Donald Trump not to withdraw from the North American Free Trade Agreement.

Auto trade associations representing General Motors Co, Toyota Motor Corp, Volkswagen AG, Hyundai Motor Co, Ford Motor Co, and nearly every other major automaker, are part of the coalition dubbed “Driving American Jobs” and backing an advertising campaign to convince the White House and voters that the agreement has been crucial in boosting U.S. automotive sector production and jobs.

Trump has threatened to withdraw from the trade deal with U.S., Canada and Mexico, which is heavily utilized by automakers who have production and supply chains spread across the three countries. Click here to read more.