Trade fight puts to test 'revisionist' view on need for U.S. to take tough stance

Article Abstract:

The Clinton administration is following the recommendations of revisionists, who stress that Japan's economy is different from other industrialized nations and that tough measures need to be adopted to open the Japanese market. In its continuing trade dispute with Japan on auto spare parts, the administration has threatened to impose $5.9 billion in new tariffs on Japanese auto exports if it does not open its markets to US spare parts. Meanwhile, Japanese trade and business officials criticized the revisionists' assertions, noting that such views focus only on the differences between the two economies and prevent the development of amicable solutions.

Motor vehicle parts and accessories, Motor Vehicle Parts, Motor Vehicle Parts Manufacturing, Trade Relations, Planning, Automobile equipment and supplies industry, Automotive parts industry, Automotive parts, International economic relations, Economic sanctions, Sanctions (International law), Trade policy

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U.S.-Japan trade strife remains despite car pact

Article Abstract:

The trade conflict between Japan and the US prevails despite their recent settlement of the dispute over the import and export of cars and automobile parts. The US will conduct an investigation regarding the alleged unfair trade practice of Japan's photographic film and civil aviation industries. The US claims that it has resolved 16 separate cases with Japan regarding bilateral trade since 1993.

Negotiation, mediation and arbitration

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Turning away?

Article Abstract:

Japan may not have enough money to help its Asian neighbors recover from the Asian financial crisis while its own economic downturn may force the country to scrimp on imports. The drop in imports would likely hurt Asian exporters seeking to export their way out of debt and the Japanese economic downturn would necasarily force Asian exporters to seek other markets more viable than Japan.

Foreign Economic & Financial Assistance, International relations, Economic assistance, Foreign economic assistance, Asia

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