Japan-US trade negotiations were concluded. As a result of the ability to shelve additional tariffs up to 25% on imported cars that President Trump has used for “threatening” while keeping tariff reductions on US agricultural products within the scope of expectations, the relevant industry has received relief. ) Will spread. But “Trump Risk” remained. The opposition party is ready to pursue an “unequal agreement” in the fall special session.
What the Japanese side feared over the automobile industry was an additional tariff based on Article 232 of the Trade Expansion Act, which is regarded as the “Denpai Sword” in the United States, and a volume regulation that fits in the export volume.
According to the Ministry of Economy, Trade and Industry executives, the “worst picture” was assumed by the US as “the half of the trade deficit between Japan and the United States is cars. Currently, Japanese cars export to the US is 1.74 million, which is half of that 87 It is said that it would be threatened as “up to 10,000 units.
Japan has a bitter memory about quantity restrictions ...
