A worker moves a ramp on a car carrier trailer outside City Toyota in Daly City, California, U.S., October 3, 2017. REUTERS/Stephen Lam

WASHINGTON (Reuters) – The U.S. auto parts industry could lose up to 50,000 jobs if the North American Free Trade Agreement is terminated and companies must pay higher tariffs to ship products to Mexico and Canada, according to a new study set for release on Thursday.
U.S., Canadian and Mexican negotiators are meeting in Arlington, Virginia, this week for a fourth round to try to revise the 23-year-old agreement, which allows the tariff-free flow of vehicles and parts across the three borders.
U.S. President Donald Trump has criticized NAFTA for luring U.S. manufacturing jobs to low-wage Mexico and has vowed to quit the pact or revise it to reduce his country’s $64 billion trade deficit with its southern neighbor.
Ending NAFTA, however, would result in a full reversion to tariffs under World Trade Organization rules, according to the Boston Consulting Group study …
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