Japan Proposes Scaled Plan to Reduce US Auto Tariffs

Reported about 2 months ago

Japan has softened its stance on the repeal of the 25% U.S. auto tariff, proposing a gradual reduction based on contributions to the U.S. auto industry. Japan's chief negotiator Ryosei Akazawa, in Washington for talks with U.S. officials, emphasized the need for a review of the tariff measures while discussions included trade expansion and economic security.

Source: YAHOO

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