What’s at stake for the auto industry?

The United States-Mexico-Canada trade agreement is up for review in July. Kevin Brady, a former U.S. representative, and Chad Bown, the former chief economist at the U.S. State Department, said the future of the agreement is uncertain. Key issues at stake include rare earth mineral processing, supply chain shortages and the dominance of Chinese vehicles. While President Donald Trump speaks dismissively about the future of the United States–Mexico–Canada Agreement (USMCA), some of the nation’s top experts in American trade relations say the automotive industry’s future hangs in the balance as the trade agreement goes up for review in July. Speaking…