Japan rejects US proposal for eliminating auto tariffs over 30 years

Article by Christian Andrei, on April 15, 2014

Japan has rejected a proposal from the United States to eliminate its tariffs on Japanese light vehicles over 30 years, simply because the time period is unusually long, according to a report by Kyodo News. The proposal came up during bilateral trade discussion considered as critical for a broader regional pact, the Kyodo report said, citing sources privy with the matter.

Japan and the US are seeking a bilateral agreement – seen as a cornerstone of the Trans-Pacific Partnership -- before President Barack Obama visit the Asian nation on April 24-25. US Trade Representative Michael Froman and Japanese Economics Minister Akira Amari have concluded discussion, with both declaring that big gaps remain despite progress.

While US wants Japan to open its rice, beef and pork, dairy and sugar sectors, Japan wants a timetable on US promises to eliminate tariffs of 2.5 percent on imports of passenger cars and 25 percent on light trucks.

Japan wants Amari to take a trip to the US to hold another round of talks next week, according to Chief Cabinet Secretary Yoshihide Suga. The TPP framework is considered as vital part of Japanese Prime Minister Shinzo Abe's growth strategy. [source: JapanTimes]

Topics: japan

If you liked the article, share on:


Login or Create new account to add a comment!


More than three decades ago, the DeLorean DMC-12 was produced by the DeLorean Motor Company. However, production was stopped due to issues within the company. The car itself was decent...
by - October 27, 2016
Tesla is making sure that all models under production will receive the necessary advanced hardware that will allow them to be autonomously driven. The fitment of these advanced hardware to...
by - October 27, 2016
Wondering how fast the 2017 Chevrolet Camaro ZL1 in actual driving? To provide customers a good idea on how fast the 2017 Camaro ZL1 could really get, Chevrolet recently had...
by - October 27, 2016
So, it is official! The new Honda Clarity FCV has the longest verified range of any zero-emissions vehicle currently on the road in the United States. One of the main...
by - October 27, 2016
Many have been anticipating Mercedes-Benz Vans’ newest luxury pickup truck, the X-Class. While Mercedes-Benz has yet to reveal the official production version of the X-Class, it was kind enough to...
by - October 27, 2016