USMCA Watch: Honda, Autoliv may have work to do as uniform regulations arrive June 9, 2020 The U.S. government has published detailed regulations for the autos industry in order to implement the U.S.-Mexico-Canada-Agreement (USMCA) from July 1. These “uniform regulations” define how to calculate the regional value-added per vehicle that allows them to be transferred across North Ame... Read more →
Panjiva Daily: Trump’s low-key tariff leniency; Lear’s labor, sales and regulatory risks April 21, 2020 The decision by the Trump administration to allow companies in financial hardship to delay tariff payments only covers a small proportion of duties. Labor disruptions in Mexico add to Lear’s challenges as auto industry sales slow and USMCA implementation looms. Also: coronavirus causes port to... Read more →
Lear’s challenges spread to labor unrest as well as sales and regulatory risks April 20, 2020 Labor protests at Mexican factories operated for Honeywell, Lear, Regal Beloit and Poly have raised questions about what counts as “essential” manufacturing. All four have closed facilities and had already been scaling back exports before the outbreak. Lear was the largest exporter of the four... Read more →
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