USD/CAD ticks higher
Reuters report, citing a source.
Earlier today, the Globe & Mail reported Canada hadn't offered to cede any ground on autos but was trying to push for a recalculation of how auto-content value rules are decided. This would primarily be to include the value from electronics, which are a much bigger part of auto production than in 1994 in the original deal.
I just don't see how this round ends well.
