Tags
auto parts, deficit, fast track, free trade agreements, Japan, TPA, TPP, Trade, Trade Promotion Authority, Trans-Pacific Partnership, {What's Left of) Our Economy
Japan’s Economy Minister Amari, “pressed the U.S. to further open its car-parts market.”
-The Japan Times, April 19, 2015
U.S. auto parts trade deficit with Japan, 2009 (start of U.S. recovery):
$6.909 billion
U.S. auto parts trade deficit with Japan, 2014:
$10.938 billion
Change in U.S. auto parts trade deficit with Japan, 2009-14:
+58.32%
(Sources: “Japan stands tough against rice imports as TPP talks with US begin,” The Japan Times, April 19, 2015, http://www.japantimes.co.jp/news/2015/04/19/business/japan-stands-tough-rice-imports-tpp-talks-u-s/#.VTQ2RyFViko and calculated from Trade Dataweb, U.S. International Trade Commission, http://dataweb.ustic.gov)
RealityChek 