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Are the USMCA parallel letters useful?

Summary by DineroenImagen
The parallel letters, which are part of the United States-Mexico-Canada Free Trade Agreement signed in 2018 by Donald Trump during his first term, include in Annex D three parallel letters signed by former Secretary of Economy Ildefonso Guajardo. These letters allow foreign automakers operating in Mexico to comply with bilateral agreements signed with Robert Lighthizer's USTR and regional rules of origin, even with the application of Rule 232, f…
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DineroenImagen broke the news in on Thursday, March 27, 2025.
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