← Back to: "EU and Japan Start Free Trade Agreement Talks"
"More bad news for Europe’s carmakers and their employees today, as the EU has started negotiations with Japan about a free trade agreement, which could flood the market with cheaper imports. As far as the automotive industry is concerned, Japan has a lot more to gain, according to said Ivan Hodac, the secretary general of ACEA lobby group. The European car market would drop a 10 percent tax on Japanese import, compared to Japan's zero import tariffs. This would hurt already stru..." Continue Reading →
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