Japan’s prime minister on Friday formally signaled his country’s interest in joining negotiations for a free trade agreement involving Pacific Rim nations, a move that spurred several supporters of the domestic auto industry to register their displeasure at the prospect.
Matt Blunt – a former Missouri governor and president of the American Automotive Policy Council in Washington – flatly urged President Barack Obama’s administration to reject Japan’s bid to be part of the negotiations for the Trans-Pacific Partnership, calling it “the most closed auto market among developed nations.”
“Japan cannot be treated like other U.S. trade partners,” Blunt said. “By artificially weakening its currency, Japan enjoys a huge unfair advantage for their exports while impairing U.S. exports to Japan.”
Source
Detroit Free Press