Canada and Mexico are China’s backdoor to the US market.
Ambassador Lighthizer comments on NAFTA prior to departing for China. In the auto sector, Mexico and Canada are still arguing for more Asian/Chinese parts for U.S. automobiles. The U.S. position is for higher North American content. Loggerheads.
I still find it stunning how many people cannot see the ridiculous side of the Mexican and Canadian position; and how that showcases the insanity of NAFTA. Can/Mex are not arguing for more Canada and Mexico content, they are holding out for more Asian content. Their economic models are nothing more than brokering the assembly of cheap Asian goods through their NAFTA access to the U.S. market. Ridiculous.