April 13, 2018 / 3:32 PM / 3 months ago

US lowers NAFTA regional auto content demand -Mexico auto lobby

MEXICO CITY, April 13 (Reuters) - U.S. trade negotiators have reduced their demand for regional auto content under a reworked NAFTA trade deal to 75 percent from the 85 percent they had sought, Eduardo Solis, the head of Mexico’s automotive industry association, said on Friday.

Asked whether reports were true that Washington had scaled back its demand to 75 percent, Solis said: “Yes.”

Reporting by Anthony Esposito Editing by Dave Graham

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