Home US ambassador wants Japan to reduce auto exports to US
FXStreet News

US ambassador wants Japan to reduce auto exports to US

William Hagerty, US ambassador to Japan, a drop in the Japanese auto exports to the US is needed to reduce the trade imbalance.  

Key quotes

  • A decline in Japanese auto exports to the US is needed, only then would the US trade deficit with Japan drop
  • Also needed is an increase in Japanese production in America
  • Japan also needs to increase imports of US cars and beef

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.