Tags: Obama | automobile | tariffs | Japan

Lawmakers Urge Obama to Keep Auto Tariffs on Japan

Thursday, 14 March 2013 01:59 PM EDT

A group of Democratic lawmakers on Thursday urged President Barack Obama to insist on keeping a 2.5 percent tariff on Japanese autos and a 25 percent tariff on Japanese trucks if the United States and Japan enter into free trade talks.

"In an industry with razor-thin profit margins, the elimination of the 2.5 percent car tariff (as well as the 25 percent truck tariff) would be a major benefit to Japan without any gain for a vital American industry," the lawmakers said in a letter to Obama.

© 2026 Thomson/Reuters. All rights reserved.


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A group of Democratic lawmakers on Thursday urged President Barack Obama to insist on keeping a 2.5 percent tariff on Japanese autos and a 25 percent tariff on Japanese trucks if the United States and Japan enter into free trade talks.
Obama,automobile,tariffs,Japan
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2013-59-14
Thursday, 14 March 2013 01:59 PM
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