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Will new trade deal help GM Lordstown?

Started by RSS, November 30, 2018, 05:39:48 PM

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Will new trade deal help GM Lordstown?

The renegotiated NAFTA trade agreement with Mexico and Canada includes significant rule changes for the auto industry. Could those changes come at a time to benefit the soon to be idled GM Lordstjown plant? The agreement, signed at the G20 Summit no longer contains the word "free".  The renegotiated deal contains differences designed to enhance U.S. manufacturing, with special attention to the auto sector. It now requires that 40-to-45 percent of all auto content me m...

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