Blunt said that foreign auto producers, including the U.S., Europe and South Korea, have just a 6% share in Japan, raising skepticism that simply having the open market that the Trump administration says will exist in that country will be sufficient.
U.S. automakers say Trump's 15% tariff deal with Japan puts them at a disadvantage
→
“Under this deal, it will now be cheaper to import a U.K. vehicle with very little U.S. content than a USMCA-compliant vehicle from Mexico or Canada that is half American parts,” said Matt Blunt, president of the council and a former Republican governor of Missouri.
New normal: Trump committed to a 10% tariff baseline for all nations
→
