-
Advertorial
-
FOCUS
-
Guide
-
Lifestyle
-
Tech and Vogue
-
TechandScience
-
CHTF Special
-
Nanshan
-
Futian Today
-
Hit Bravo
-
Special Report
-
Junior Journalist Program
-
World Economy
-
Opinion
-
Diversions
-
Hotels
-
Movies
-
People
-
Person of the week
-
Weekend
-
Photo Highlights
-
Currency Focus
-
Kaleidoscope
-
Tech and Science
-
News Picks
-
Yes Teens
-
Budding Writers
-
Fun
-
Campus
-
Glamour
-
News
-
Digital Paper
-
Food drink
-
Majors_Forum
-
Speak Shenzhen
-
Shopping
-
Business_Markets
-
Restaurants
-
Travel
-
Investment
-
Hotels
-
Yearend Review
-
World
-
Sports
-
Entertainment
-
QINGDAO TODAY
-
In depth
-
Leisure Highlights
-
Markets
-
Business
-
Culture
-
China
-
Shenzhen
-
Important news
在线翻译:
szdaily -> World Economy -> 
Japanese PM protests US auto probe
    2018-05-29  08:53    Shenzhen Daily

JAPANESE Prime Minister Shinzo Abe said yesterday he would seek to convince U.S. President Donald Trump of the crucial role his country’s automakers play in boosting the U.S. economy.

The Trump administration decided last week to begin a national security investigation into auto imports that could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum.

“There is evidence suggesting that, for decades, imports from abroad have eroded our domestic auto industry,” U.S. Commerce Secretary Wilbur Ross said in a statement Wednesday, promising a “thorough, fair and transparent investigation.”

Higher tariffs could be particularly painful for Asian automakers including Toyota Motor Corp., Nissan Motor Co., Honda Motor Co. and Hyundai Motor Co., which count the United States as a key market.

Late last week, Japan’s automakers’ association urged its export partners to keep tariffs on vehicles and components low and maintain free trade relationships.

“Japanese automakers have created jobs and made huge contributions to the U.S. economy,” Abe told parliament, when asked by a lawmaker how Japan would respond to the U.S. move.

“As a country that prioritizes a rule-based, multilateral trade system, Japan believes that any steps taken on trade must be in line with World Trade Organization rules,” he said.

The number of cars Japanese automakers produce in the United States is double the number it exports to the country, Abe said.

Abe also said Tokyo will continue to urge Washington to join the multi-lateral Trans-Pacific Partnership (TPP).

“Japan has explained to the United States its stance that TPP is the best format for both countries. We will continue to talk with the United States based on this view,” he said. (SD-Agencies)

深圳报业集团版权所有, 未经授权禁止复制; Copyright 2010, All Rights Reserved.
Shenzhen Daily E-mail:szdaily@szszd.com.cn