The U.S. automotive industry is entering a new phase of uncertainty without an extension of the USMCA trade agreement between the United States, Mexico and Canada. The auto industry represents about 18% of trade between the three countries, according to American Automotive Policy Council. One major issue for automakers is the deal’s rules of origin, which determine what country a product comes from and which goods are eligible for preferential treatment, such as reduced tariffs or duty-free trade. A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael
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