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US made in America push rattles Korean auto suppliers ahead of USMCA review
US 'made in America' push rattles Korean auto suppliers ahead of USMCA review SEOUL, May 31 (AJP) - South Korean automakers and parts suppliers are bracing for a contentious review of the United States-Mexico-Canada Agreement (USMCA), as Washington signals it may demand a sharply higher share of US-made components in vehicles sold across North America. The three countries are due to begin a joint review of the pact on July 1, six years after it took effect in 2020. A sunset clause requires them to decide whether to extend the agreement for another 16 years, l May 31, 2026