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Fellows said the policy is low-hanging fruit for a new administration looking to spur the U.S. economy with a policy that plays to an American audience.
“What you can’t discount is the trickle-down effect,” Fellows said. “You get companies who follow those rules in their own procurement, so they can say (their product) qualifies for a government contract.”
Fellows said Canadian firms must expand their partnerships and relationships with U.S. companies to get their products qualified under the policy.
Automotive Parts Manufacturers president Flavio Volpe feels the Americans focus of the policy is more on the Chinese, particularly in the area of steel, and other low-cost producing countries.
“I expect the Canada-U.S. partnership to carry the day,” said Volpe, who was involved in the USMCA negotiations.
“I’m not too worried about it.”
Volpe added concerns over whether General Motors might have second thoughts on whether its new EV600 electric vans might be excluded by a Buy American policy are unfounded.
“GM knew exactly what was coming,” Volpe said. “They still placed a $1-billion bet on Ingersoll. They see Canada as a partner not a target.”
Volpe said the feedback he’s received from his Ottawa contacts was the conversation Biden had last week with Prime Minister Justin Trudeau on the topic was quite amicable.
He believes the USMCA will also be relied on as a reference for content regulations.
“The president’s executive order was only a page and half,” Volpe said. “It will rely on other documents and legislation for definition.
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