The Trump administration is considering potential changes to North American trade rules that would raise tariff costs on US automobile imports and push manufacturers to boost domestic production, according to people familiar with the matter.
US officials have discussed requiring vehicle imports to have a minimum amount of US parts, said the people, who asked not to be identified discussing the private deliberations.
Another option under consideration would limit the ability of automakers to lower their tariff rates under the US-Mexico-Canada free trade agreement, effectively raising the costs to bring vehicles across the border, one of the people said. The ...
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