You Auto Know Week in Review: October 6, 2017

The fourth round of the NAFTA renegotiations are slated to begin next week and negotiators are signaling they will begin tackling stickier issues. Earlier this week, news leaked that the U.S. would demand 50 percent U.S. content in NAFTA auto rules of origin, also increasing the NAFTA regional value content requirement from 62.5 percent to 85 percent. The entire auto industry, both domestic and international brands, as well as parts suppliers, is united in opposing changes to the rules of origin. Representatives from the industry were present at each negotiating round to make the case against a U.S. domestic content requirement, and also stressed that NAFTA’s regional value content requirement -- 62.5 percent -- is already the highest in any U.S. free trade agreement.

You Auto Know Week in Review: September 29, 2017

Earlier this week, the Administration's much anticipated tax reform blueprint, which is intended to serve as a template for the tax-writing committees in Congress, was released. As expected, the plan does not include the controversial border adjustment tax (BAT).

You Auto Know Week in Review: September 22, 2017

Next week is shaping up to be a big week in Washington, one in which we can expect to learn the answers to two important policy questions: just what is the fate of health care in the United States and what direction the "Big Six" are going on tax reform.

You Auto Know Week in Review: September 8, 2017

Congress returned to Washington this week following the August district work period with a laundry list of issues to be addressed, including raising the debt ceiling and funding the government, and providing relief for victims of Hurricanes Harvey and Irma. Following a surprise deal between President Trump and Democrats, both the House and Senate have already passed a massive fiscal package to accomplish all of those items, and the President is expected to sign it swiftly into law.

You Auto Know Week in Review: July 21, 2017

As the Senate continues to look for ways to pass a healthcare overhaul, the debate on tax reform continues to simmer in the background.  Earlier this week, we saw an interesting shift in rhetoric by the pro-BAT "American Made Coalition" with the release of their letter to Senate Finance Committee Chairman Orrin Hatch (R-UT) asserting that while they continue to support the House Blueprint (BAT included), they are "open to other solutions" that would achieve their tax reform priorities.