Obama: Trans-Pacific Trade Agreement in favor of auto exports

---------   [ 2015-05-25 ]

US President BarackObama for the Trans-Pacific Strategic Partnership Agreement defense, said the agreement is conducive to US auto exports, but also conducive to strengthening cooperation between the United States and Japan.

Big Three Detroit auto industry, the United Auto Workers union (UAW) and many Democrats have raised strong objections to this agreement. "No agreement on the nature of the deal is a compromise on the status quo, because Japanese cars in the United States has a huge market, but American cars are not so popular in the Japanese market, so the status quo and unfavorable for us. But I do not know why To the people of the United States against our car to open the Japanese market, which is not unreasonable. "President Obama said at a press conference on Friday.

But the free trade agreement is not just about American cars to enter the Japanese market, but also about American car import tariffs. Car manufacturers believe that trade agreements must be controlled to prevent the Japanese national currency, so that the United States will be more expensive cars exported to Japan, and the Japanese car exports to the US will be cheaper.