Three trade associations representing steel producers in the U.S., Canada and Mexico today sent a joint letter to their respective government trade agencies expressing concern that recent developments in the automotive portion of the Trans-Pacific Partnership (TPP) negotiations include proposals to weaken the "rules of origin" for the auto sector, which would adversely impact the steel industry. The letter can be found here.
The leaders of the American Iron and Steel Institute (AISI), CANACERO (Mexico), and the Canadian Steel Producers Association (CSPA), today sent a letter to Ed Fast, Canadian Minister of International Trade of Canada; Ildefonso Guajardo Villarreal, Secretary of Economy of Mexico; and, Mike Froman, United States Trade Representative for the U.S., urging "a TPP that will strengthen the competitiveness of North American steel producers by enabling continued growth for motor vehicle component and finished vehicle manufacturers."
This has been excerpted from a 21 September 2015 news release by the Canadian Steel Producers Association and is available in its entirety at:
http://www.newswire.ca/news-releases/nafta-steel-groups-urge-tpp-negotiators-to-retain-higher-auto-value-content-528551951.html