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Japan is repeated that it could not accept a 25 % car tariff

The country’s chief trade negotiator in Japan, Riozi Akazawa, said that the country cannot accept the 25 % tariff for the United States on cars, adding that the auto companies in the Asian nation produce much more cars in the United States than exporting to America.

Akazawa told the correspondents on Thursday before leaving Washington to hold his seventh tour of trade negotiations with their American counterparts with correspondents on Thursday before Washington left to carry the seventh round of commercial negotiations with the United States’ counterparts, that Japanese car manufacturers lie nearly 3.3 million cars in the United States per year, which is much larger than 1.37 million cars shipping there. Akazawa said that companies have invested more than $ 60 billion in the United States and established 2.3 million local jobs.

Akazawa said: “We have repeatedly explained to the United States that the auto industry in Japan has made a tremendous contribution to the American economy, and we intend to continue to explain this clearly and seek understanding,” Akazawa said. “In any case, we consider that a 25 % car tariff is unacceptable.”

A car tariff is a point attached to bilateral negotiations, as Washington focuses on its deficit in the sector, while Tokyo is trying to protect its main economic column. After six rounds of conversations for more than two months, the two sides have not yet reached any kind of agreement on the definitions.

Of the 3.3 million cars made in the United States, about 300,000 from the United States are shipped to other countries, which also helps to generate a trade surplus to the United States, according to Akazawa.

However, the trade surplus in Japan with the United States last year reached 8.6 trillion yen (59.4 billion dollars), the fifth largest record. It was about 82 % of the gap due to cars and auto parts. The nation’s teams have placed at the Trump intersection trying to reduce the American trade deficit using a customs tariff.

Akazawa heads to the capital of the United States after the failure of Japanese Prime Minister Shigro Ishiba and US President Donald Trump last week to conclude a deal on the higher US definitions in the seven summit group. As with other countries, Japan faces a mixture of comprehensive definitions and sectors. The first is scheduled to rise from 10 % to 24 % on July 9, which prevents a deal while the latter consists of 25 % tax on cars, auto parts and a 50 % tariff on steel and aluminum.

Tokyo maintained her position that he would try to settle all the tariffs of the tariff in one with a package that also deals with sectoral tariffs. Akazawa said on Thursday that he would take into account the deadline on July 9, while expressing caution against weakening his negotiating situation by setting a deadline.

Definitions have already known the Japanese economy with exports to the United States, which is declining, especially for cars. The economy faces the risk of entering the technical recession before the House of Representatives on July 20.

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