Although the new version of the USMCA came into effect in 2019, in the past two years, as long as the matter of auto tariffs is mentioned, the friendship boats of the three countries of the United States, Canada and Mexico "turn over". On January 6, local time, Mexico had another opinion, strongly demanding that the United States redefine the tax exemption conditions for automobile imports. After Mexico finished speaking, Canada could not care about the face of the United States, and directly with the Mexican United Front, the two sides decided to form a dispute settlement team.
Originally, under the new definition of the USMCA (2019), the United States stipulated that by 2025, the proportion of local production of automobiles and some core parts should reach 75% in order to obtain a "tax exemption license" in the US market. As a result, the mercenary United States is full of "pits", and in July 2020, it changed this statement, and changed the tax exemption threshold to something that Mexican and Canadian automakers riveted enough to reach.
In terms of auto tariffs, the United States can not eat any losses, like Mexico and Canada as its neighbors, has been taken away from the low labor costs and other production advantages, from the production of workers, to the sale of parts and components, Canada and Mexico are not accounting for any benefits. The concessions of Canada and Mexico are all in order to let the United States let go of their steel and aluminum products, and they want to strive for preferential treatment for the tax exemption of the whole vehicle in 2025.
Earlier, Mexico said that the USMCA agreement was a "bet on future development". Unexpectedly, the United States really blackmailed its hands, and a change almost became the "last straw" that crushed Mexico. It is reported that in 2018, the automobile industry accounted for 18% of Mexico's manufacturing industry, and it was also the largest contributor to GDP that year.
In addition to the automobile industry, the United States has threatened Mexico with tariffs at every turn, so Mexico has become more and more opinionated about the United States in recent years. In May 2019, Mexico failed to control immigration, and the United States was furious, directly throwing a 5% increase in import fees on all goods from Mexico, and threatening Mexico that if the problem is not solved soon, the tax rate will be increased to 25%. From this point of view, the United States does not give Mexico good fruit to eat, then do not blame Mexico and Canada two little brothers to resist.
Text | Liao Lisi title | Huang Zi gallium trial | Lu Shuoyi