‘It’s a wash’: Auto sector opportunities offset by costs of NAFTA 2.0

Making Cars in Mexico

Sighs of relief rippled across the North American car industry Monday. There would be no “Carmageddon” caused by auto tariffs torpedoing cross-border trade, now that NAFTA 2.0 found a safe landing zone. But once more protectionist rules set in, the auto sector might lose more than it gains.