US And Japan Reach Agreement - No New Trade Tariffs On Japanese Vehicles

The United States will agree not to raise tariffs or introduce curbs to import quotas on Japanese cars when the country's leaders meet next week, the Tokyo Shimbun newspaper reported on Monday.

The newspaper said the pledge would be part of a joint leaders' statement on trade that is due to be released following a meeting between President Donald Trump and Japanese Prime Minister Shinzo Abe next week in New York.

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TomM - 9/16/2019 2:41:44 PM

+4 Boost

Now that the American Manufacturers produce few CARS - and the Crossovers they do produce are too large for the Japanese market - and likely not produced in the USA anyway - AND the Japanese produce lots of vehicles in the USA - there is not much that tariffs could do.

netegrity - 9/17/2019 9:43:18 PM

+1 Boost

Of course the US will not impose tariffs to Japanese imports because the US wants Japan's geographic location to enlarge its military presence in Asia. Japan will always be its pet.