Nine months after Donald Trump won election and threatened to blow up the North American Free Trade Agreement if he couldn’t win better terms from Mexico, all eyes in the trade community will be on Washington this week as the first round of negotiations to update the deal begins.
The auto sector will be at the center of discussions on rules of origin and regulatory harmonization, intellectual-property protection, labor rights, cross-border travel and streamlined customs.
Even ardent free-trade advocates acknowledge the need to update the agreement to reflect big changes in the global economy and resolve many issues that were set aside in the 1990s. But a renegotiation amid deep political skepticism about trade will open the door to changes that would roil the industry.
Here's a look at how the key stakeholders are approaching the talks: