Friday 22 November 2013

Japan, U.S. lock horns over autos in TPP-related talks

Japan and the United States crossed swords over automobile issues in three-day bilateral talks held in Tokyo through Friday in parallel to Trans-Pacific Partnership free trade negotiations.
The U.S. side expressed a strong interest in introducing safeguard measures to protect domestic automakers and keeping them in place for a long period, out of concern that imports of Japanese automobiles to the United States would increase sharply once U.S. tariffs are removed under the envisaged TPP pact, sources said.Japanese officials voiced caution about the U.S. approach.

NewsOnJapan

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