Auto Industry Fears USMCA Shakeup
AI Summary
The US auto industry is concerned about potential changes to the USMCA agreement. Automakers prefer stability to support investment amid trade tensions and China's growing role in North American supply chains.
Wall Street Host David Westin breaks down why the auto industry may want Washington to leave USMCA mostly intact. While Trump is focused on trade deficits and tougher rules, automakers are more worried about uncertainty, long-term investment and Chinaβs growing role in North American supply chains. (Source: Bloomberg)