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Both Sides Claiming Trade Victory in Japan Auto Pact
The Geneva accord eases a threatened 100 percent tariff on Japanese luxury cars, but does not set quotas. United States and Japan trade officials say the pact shifts toward freer auto trade, with U.S. automakers and dealers gaining better access and Japanese buyers promised more U.S. parts and vehicles. President Clinton hailed the deal as moving cars and parts both ways after two decades of dispute.
MENTIONED IN THIS ARTICLE
Detroit
U.S
Japan
Geneva
Hank Bottieri
Lexus
Albany
N.Y
America
Gen
Ral Motors
Ford
Chrysler
United States
Mickey Kantor
Auto Manufactur
Ers
Clinton
Washington
Ryutaro Hashimoto