U.S. weighs tougher auto import rules to accelerate reshoring
“U.S. officials have discussed requiring vehicle imports to have a minimum amount of U.S. parts, said the people, who asked not to be identified discussing the private deliberations. Another option under consideration would limit the ability of automakers to lower their tariff rates under the U.S.-Mexico-Canada free trade agreement, effectively raising the costs to bring vehicles across the border, one of the people said.”
[Bloomberg]
Report analyzes the present and future of USMCA
“Over the past year, USMCA has become even more central to the economies of these three countries. As the Trump Administration's tariffs have led to a reduction in trade with China, trade with Mexico and Canada has become comparatively more active, despite also being subject to tariff increases in 2025.”
[Brookings Institution]
Japan eases arms export rules to enable weapons sales
“Exports of non-weapons such as warning and control radar systems face no restrictions, while those of weapons including destroyers and missiles are limited to countries that have signed agreements with Japan on protecting classified information related to defense equipment and technology. Japan currently has agreements with 17 countries including the United States and Britain.”
[Kyodo]
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