China aims to ‘infiltrate’ US-Mexico-Canada trade deal, says American manufacturing group

AI Summary

A U.S. manufacturing group accuses China of attempting to infiltrate the US-Mexico-Canada trade deal through Mexican automotive investments. Despite tensions, analysts note the difficulty in fully decoupling from China's automotive industry due to North American dependence on Chinese components.

China is trying to “infiltrate” the US-Mexico-Canada trade agreement via Mexican automotive investments, a US manufacturing trade group said, as Washington indicated it would not renew the agreement that comes up for review this month. However, analysts cautioned that full decoupling from China’s automotive industry remains difficult, given North America’s continued dependence on Chinese-sourced motor vehicle components and Mexico’s legacy of export manufacturing plus quick access to the US...