Japanese automakers boost investment in U.S. by $5 bln in 2013
Continue readingThe Wall Street Journal: “Japan, U.S. Work to Bridge Gaps on Exports”
“Japanese car makers attribute Detroit’s tiny market share in Japan to a lack of commitment to the market and poor decisions about which cars to sell there. ‘We don’t think there are any trade barriers in Japan in terms of autos,’ said Ron Bookbinder, U.S. director for the Japan Automobile Manufacturers Association.”
Continue readingReuters: “U.S. readies for more ‘extremely tough’ trade talks with Japan”
“…U.S. carmakers are concerned about increased competition from Japanese competitors if there is more open auto trade.”
Continue readingRoll Call: “Trade with Asia Will Help Revitalize the Beleaguered U.S. Economy”
“…The economic benefits from TPP will go beyond the expanded imports into the U.S. The U.S. exported $2.2 trillion in goods and services in 2012. These exports supported 9.8 million U.S. jobs according to the U.S. Trade Representative…”
Continue readingGlobal Trade: “Japanese Automakers ‘Positively Impact’ US Economy”
“…The Japanese appear to be fully committed to US production, as evidenced by the fact that 70 percent of Japanese-branded automobiles sold in the United States are built in North America…”
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