Concerns mount among Asian exporters as U.S. turns up the heat in trade fight with Japan

Article Abstract:

Asian exporters are concerned over US plans of imposing trade sanctions on Japan and reporting alleged unfair trade practices in the country to the World Trade Organization (WTO). Although many Asian countries laud the US' plan of bringing the trade dispute before the WTO, many do not approve of imposing sanctions. However, some economists point out that the US-Japan trade battle may actually provide several opportunities. For example, imposing high tariffs on Japanese automobile parts would boost the market share of other Asian exporters, while forcing Japan to ease nontariff barriers would boost several industries.

Reports, Asia, Restraint of trade

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Sales of U.S. cars, parts rise in Japan

Article Abstract:

The strong sales performance of US-made automobiles and parts in Japan has been credited to both the trade agreement signed between US Trade Rep. Mickey Kantor and his Japanese counterpart and to the appreciation in the yen's value. While Pres. Clinton's associates would give exclusive credit to the agreement, many industry analysts and domestic automobile manufacturers consider the role of the exchange rate as the more important factor for the sales increase.

Motor vehicle parts and accessories, Motor Vehicle Parts, Motor Vehicle Parts Manufacturing, Automobile equipment and supplies industry, Automotive parts industry, Automotive parts

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U.S., Japan resort to taking Indonesia to WTO over national car program

Article Abstract:

Japan and the US will present to the World Trade Organization their complaints against Indonesia's national car program. The program, which exempts Indonesian brand name automobile manufacturers from import duties and luxury-sales taxes, has led to a significant reduction in Japanese and US car sales in the country. The program also authorized duty free imports of cars manufactured in South Korea by Indonesian automaker PT Timor Putra Nasional.

Administration of General Economic Programs, Tariffs & Duties, United States, Indonesia, World Trade Organization, Powers and duties, Tax policy

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