Date: 2 months ago   Category: Industry

The USA will not introduce a quota for the Japanese cars — Rambler News Service


Washington will not demand quantitative restrictions for import of the Japanese cars to the USA, Associated Press with reference to the Minister of Economics of Japan Tosimitsu Motegi reports. Motegi confirmed this information after negotiations with the US Trade Representative Robert Laytkhayzer, notes the agency. Earlier, the CNBC channel reported that the administration of U.S. President of Donald Trump plans to postpone introduction of 25 percent duties on import of cars and accessories for a period of up to half a year, being afraid of expansion of the existing trade disputes. The White House has to make the decision on tariffs for a car till Saturday, May 18. The subject of export of the Japanese cars is one of stumbling blocks in trade negotiations between two countries. Difficulties began after in January, 2017 the president Donald Trump went out of the trade block of the Transpacific agreement which includes Japan. Besides, since February, 2019 the trade agreement between Japan and the European Union which also is in difficult trade relations with the USA because of the tariffs for steel and aluminum which are earlier entered by Washington came into force.

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