U.S. content in Mexican-built autos higher than argued, says industry group
Mexico's main automotive industry group on Monday said U.S. content in vehicles made south of the border is far higher than Trump administration officials have argued, as Mexican auto output and exports posted robust growth in September. The comments came two days before trade negotiators from Mexico, the United States and Canada meet for a fourth round of talks on revamping the North American Free Trade Agreement in Washington.
Manufacturers say growth, jobs would come from proposed tax plan
The head of the nation's largest trade group representing manufacturers was in Milwaukee on Wednesday to talk about President Donald Trump's proposed tax plan. Jay Timmons, president and CEO of the National Association of Manufacturers was here for a NAM Executive Insight Series panel discussion where tax reform was the main topic. The panelists included Nick Pinchuk, chairman and CEO of Snap-On Inc.; Chris Mapes, chairman, president and CEO of Lincoln Electric; Tom Riordan, president and CEO of Neenah Enterprises; and Mark Schwabero, chairman and CEO of Brunswick Corp.