—which is even lower than the 40% minimum content requirement for the key components such as engines and transmissions.
We agree with the assessment and concerns of that APMA SMEs within the manufacturing sector that do not have the depth to compete with larger tier 1 companies, and are at grave risk of losing jobs. The diminished percentage content will create a significant vulnerability, placing them at a competitive disadvantage straight across the globe.
We need the Canadian auto sector to achieve the same terms as the U.S. This is vital to maintaining our highly integrated auto sectors and the survival of the SMEs.
We ask that you consider all the aforementioned vulnerabilities, the regional disparities, the domestic policies, and negotiate a deal that is fair and free and open for all.
Thank you.