Should Congress do more to protect the U.S. automobile industry from Japanese competition?
Article Abstract:
The call for Congress to take more action in order to prevent US automobile industry to fully suffer from Japanese competition remains a controversial issue. With the influx of Japanese car imports, the US economy is badly affected with many US workers getting laid-off. If the trade deficit with Japan is to be eradicated, the government will have to protect the local auto industry. However, some analysts maintained that the Japanese competition is not the root of the problem. If anything, they help the flow of monetary circulation. Protectionismwill not alleviate but exacerbate the situation.
Publication Name: CQ Researcher
Subject: News, opinion and commentary
ISSN: 1056-2036
Year: 1993
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U.S.-Japan relations
Article Abstract:
The US has been guarding political development between China and Japan over the past years. US presence in Asia stunts the military growth of Japan which keeps most of its Southeast Asian neighbors in calm reassurance. However, the US has been known to support Japan's military expansion which most experts fear would only trigger a Sino-Japanese arms race. Although Pres-elect Bill Clinton is willing to support US presence in Asia, he has no intention of allocating a huge budget for the project. Clinton is also in favor of trade policies that can irrevocably damage US-Japan relations.
Publication Name: CQ Researcher
Subject: News, opinion and commentary
ISSN: 1056-2036
Year: 1992
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At issue: does the U.S. auto industry deserve protection from Japanese imports?
Article Abstract:
The need for government protection of the US automobile industry against Japanese competition is debated. One side argues that Japanese car manufacturers dump their products in the US to increase their market share and eventually dictate prices. The opposing side points out the partiality of US dumping laws and the inefficiency of the US automobile industry.
Publication Name: CQ Researcher
Subject: News, opinion and commentary
ISSN: 1056-2036
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
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