For US automakers, NAFTA overhaul won't eliminate tariff risk

Automakers in the U.S. got a break when President Trump’s renegotiation of the North American Free Trade Agreement exempted Canada and Mexico from the duties his White House has threatened on vehicle imports.

Under an addendum to the renamed U.S, Mexico, Canada Agreement, America’s next-door neighbors can each ship up to 2.6 million vehicles a year to the country – more than they do currently – without paying a tariff, said Chris Krueger, an analyst with Cowen Washington Research Group, which has tracked federal policy for four decades.