Trump Softens Key Nafta Demand on Regional Car Content

  • U.S. proposes categories with different content rules
  • Still ‘lots of issues’ on Nafta, Canadian ambassador warns
Trump Said to Soften Key Nafta Demand on Regional Car Content
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The Trump administration has softened a key Nafta demandBloomberg Terminal for more North American content in car manufacturing -- a potential olive branch on arguably the biggest sticking point as the U.S. pushes to reach a stopgap deal this month, according to three people familiar with the talks.

The U.S. proposal would distinguish between different Nafta car parts by grouping them into five categories, some of which would have a lower requirement for North American content or none at all, said the people, who spoke on condition of anonymity because they’re not authorized to discuss the negotiations publicly.