Automotive Industry Imbalance Delays Trade Negotiations With Japan Japan’s auto exports remain the biggest obstacle in reaching a trade deal with the U.S., according to opposition leaders briefed by Prime Minister Shigeru Ishiba. Yoshihiko Noda, head of the Constitutional Democratic Party, said after a Thursday meeting with Ishiba that the U.S. focus on the automotive trade deficit is the primary roadblock, according to Bloomberg. “He didn’t give a clear explanation, but it seems that the US has the strongest interest in the auto trade deficit,” Noda told reporters. “Various ideas were probably proposed, but there are differences in thinking regarding… — Continue at ZeroHedge News : Read More
