Toyota Suppliers Seek Relief From USMCA Review

Toyota suppliers seek relief from USMCA review

The automaker’s executives said they want federal officials to keep the agreement trilateral, as the company has 14 manufacturing plants and supply chain operations across North America.

The bumpy ride that USMCA renegotiations could see

North American auto suppliers are being warned to brace for a drawn out and politically charged process as the United States-Mexico-Canada Agreement heads toward a formal review and possible renegotiation. Speaking at the MEMA Aftermarket Suppliers Global Summit in Miami, Bill Frymoyer, vice president of government affairs at MEMA, walked attendees through a complex timeline that could shape the trade pact, and the sector, for years. He said the…