Factbox: Autos, energy and migration on U.S., Canada, Mexico joint agenda

According to this article on Reuters, by Reuters

“WASHINGTON, Nov 18 (Reuters) – U.S. President Joe Biden, his Mexican counterpart Andres Manuel Lopez Obrador, and Canadian Prime Minister Justin Trudeau meet for talks in Washington on Thursday for the first summit between leaders of the three countries in more than five years.

Economic cooperation, climate change, immigration and the coronavirus pandemic are likely to feature prominently. What follows are some of the issues that could dictate the flavor of talks.

AUTOS

The three governments want to take advantage of a new trade deal known as the United States-Mexico-Canada Agreement (USMCA) to deepen supply chains, but that push has been clouded by months of wrangling over disputes in the auto industry.

Canada and Mexico complain the Biden administration is trying to skew the market for electric vehicles (EV) with tax credits, and both are also at odds with Washington over the interpretation of regional content rules for the auto sector.

Mexico’s economy minister said U.S. protectionism even threatened to aggravate its migration challenges.

A joint statement on Wednesday from top business lobbies of the three countries noted the private sectors of Mexico and Canada were worried the U.S. interpretation of automotive content rules posed “risks for our integrated supply chains.””