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Japanese Auto: Implications From Trans-Pacific Partnership
2015-10-07 10:38:52| Automakers - Topix.net
A final agreement of the Trans-Pacific Partnership has been reached among the 12 participating countries, and I see the agreement to be a positive to the Japanese automakers with the loosening of the local content requirement. Relative to the Korean automakers, the Japanese automakers have a slight competitive disadvantage given the tariff reduction within the US-Korea bilateral free trade agreement, but long-term implication should continue to be supportive of the Japanese automakers.
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japanese
partnership
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Category:Automotive