Jobs gained in parts and engines, jobs lost in final assembly as cars cost more.
Congress still has to approve it.
A response to SUV fervor and Trump's NAFTA replacement trade deal.
11th-hour deal creates USMCA, will replace NAFTA.
Says he refused one-on-one meeting; Canada says nobody asked for one
But foreign minister hopes for a 'win-win-win' if both sides are flexible
It would be especially bad for Chrysler brands.
It has to be a three-way deal to achieve easy approval.
Here's what it entails.
Trump: "Autoworkers must be taken care of or there will be no deal."
This as nations meet on unified strategy for Trump auto tariff threats
Tariffs 'a staggering blow,' would risk hundreds of thousands of U.S. jobs
Our allies' view: "No leader is forever."
Hint: It's the autoworkers the president says he's helping.
General Motors chief Mary Barra said today her company needs a level playing field on trade with other countries, with equivalent or no tariffs in order to successfully compete in a global auto industry. She made her comments during a "Talks at GS" conversation with Goldman Sachs Chairman and CEO Lloyd Blankfein that was carried by Yahoo Finance, a sister site to Autoblog.
Trump administration demands in NAFTA trade negotiations meant to push auto jobs back to the United States may not be enough to spark a shift in where automakers build cars and trucks.
Ten American and foreign automakers went to the White House on Friday to push for a weakening of U.S. fuel efficiency standards through 2025, while President Donald Trump used the occasion to launch a fresh attack on the North American Free Trade Agreement that has benefited the companies.