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to gradually drop tariffs on Japan vehicles under trade deal
UPDATED: 4/12/13 4:07 pm ET adds key lawmakers' comments
The United States will gradually scrap auto tariffs on Japanese vehicles under a Trans Pacific Partnership free trade pact after the two countries agreed on a deal that will allow Tokyo to take part in talks on the Asia Pacific trade agreement.
In a move strongly opposed by Detroit's 3 automakers, Japan said today it reached Comprar Levitra a deal with the United States on bilateral trade issues that cleared the way for the world's third largest economy to join talks on the Trans Pacific Partnership regional trade deal as soon as July.
Japanese Prime Minister Shinzo Abe today told a meeting of his Cabinet in Tokyo that an agreement had been reached.
Japan is pushing to gain the necessary approval from all 11 members of the talks, with Canada, Australia, New Zealand and Peru yet to give their consent.
The negotiations are aimed at boosting trade by lowering tariffs and also at strengthening patent protection and improving access to government contracts. automakers have opposed Japan's participation unless it eases market barriers they say restrict American auto sales in Japan.
"We don't believe, based on experience, that Japan will truly open its market," Matt Blunt, a former Missouri governor and president of the American Automotive Policy Council, said Thursday.
The group represents General Motors, Ford Motor Co. and Chrysler Group.
Ford officials have been particularly vocal in opposing Japan's participation in the talks."We're strong supporters of Deca Durabolin C'Est Quoi the TPP," Blunt said. and Japan agreed to conduct negotiations on the automobile trade in parallel with TPP talks, according to a statement released by the Japanese government. tariffs on Japanese light vehicles. market.
"The American auto industry and its workers have come too far and sacrificed too much to risk all on a one sided trade agreement with Japan," the UAW said in a statement.
Last month, a group of Democratic lawmakers sent a letter to President Obama opposing any efforts to reduce the tariffs.
"In an industry with razor thin profit margins, the elimination of the 2.5 percent car tariff (as well as the 25 percent truck tariff) would be a major benefit to Japan without any gain for a vital American industry," the lawmakers said in the letter to Obama.
A study released in August 2012 by the Center for Automotive Research in Ann Arbor, Mich., said Japanese light vehicle exports to the United States would increase by 105,000 units or $2.2 billion up 6 percent if the 2.5 percent tariff on cars was "Anadrol 50" scrapped. vehicle production would "Achat Anabolisant Belgique" fall by 65,100 units, resulting in a loss of 2,600 direct auto factory jobs in the United States. suppliers would drop by 9,000.
The "Oxandrolone Powder India" American Automotive Policy Council today again called on the Anavar E Espinhas Obama administration to reevaluate the trade policy. government would endorse a trade policy that puts the industry at a competitive disadvantage and comes at the "4-chlorodehydromethyltestosterone Ireland" cost Anavar 50mg Tablets Price In India of American auto jobs," the American Automotive Policy Council said today.
"Furthermore, that policy undermines the fundamental goal of the TPP to create a standard for fair and open trade for all partners. Japan is clearly not interested in adhering to those standards, and we urge the Administration to reconsider its position."
"As a result, we are pleased to welcome Japan's participation in the TPP negotiations pending a consensus agreement among the current TPP members and the completion of our respective domestic processes," Marantis said.