U.S. auto industry faces increased uncertainty without extension of USMCA trade deal

The U.S. auto industry faces growing uncertainty over USMCA's future. According to CNBC, the key issue is the deal's rules of origin—provisions that determine where vehicles and components must be manufactured to qualify for preferential tariffs. Without an extension, automakers could see higher costs and disrupted supply chains across North America. The industry is closely watching for news on whether the agreement will be renewed.

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