WASHINGTON – US President Donald Trump on Wednesday signed the revised NAFTA North American Free Trade Agreement, bringing the agreement closer into action. That is likely to affect other Japanese and foreign automakers operating in Mexico and Canada.





The agreement, known as the US-Mexico-Canada or USMCA agreement, was signed by the three countries in 2018, but they agreed last year to add changes to improve law enforcement. On workers' rights issues and address other concerns.

The USMCA is required to produce 75 percent of car content in the NAFTA region, up from the current 62.5 percent, making it difficult for carmakers to use parts made outside the three countries. Lotus Bora