Japan auto lobby disappointed by US Pres. Trump’s comment on imported cars

Dhwani Mehta FXStreet

Akio Toyoda, Chairman of the Japan Automobile Manufacturers Association, said that the Japanese automobile makers lobby were extremely disappointed by the US President Trump’s comment.

Trump said that imported vehicles were a threat to the US national security.

Toyoda noted: “We are dismayed to hear a message suggesting that our long-time contributions of investment and employment in the United States are not welcomed.”

This comes ahead of the US-Japan trade talks due later today.

Japan’s Motegi: Japan-US to hold working level trade talks today

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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