U.S. automakers have broken with the rest of the business community over a key trade issue in the talks to renegotiate the North American Free Trade Agreement: whether the agreements’ dispute settlement mechanism needs to be changed.
In a filing Monday with the U.S. Trade Representative’s Office, the automakers’ trade association said the existing system should be scrapped when the U.S. enters NAFTA renegotiations with Mexico and Canada later this year.
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