1. The demands are aimed at meeting U. S. President Donald Trump’s NAFTA goals of stemming the flow of U. S. carmaking jobs to low-wage Mexico and reversing a $64 billion U. S. trade deficit with its southern neighbor.
2. The Trump administration last month stunned its NAFTA partners by unveiling demands that half of the value content of all North American-built autos be produced in the United States and that the regional vehicle content requirement be sharply increased to 85 percent from the current 62.
3. Canada’s presentation will explain that the U. S. ’s demands would be extremely harmful to everybody in NAFTA, including the U. S. itself, as a source close to the Canadian negotiators told Reuters:.
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