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U.S.-Japan Deal 'In Principle' Holds Promise for Motor Vehicle Parts Suppliers
August 27, 2019
RESEARCH TRIANGLE PARK, North Carolina, Aug. 27 -- The Motor and Equipment Manufacturers Association issued the following news release:

A trade deal was announced August 25 by President Trump and his Japanese counterpart, Prime Minister Shinzo Abe, at the G-7 Summit, and MEMA is encouraged by the news.

The agreement, which at this point is only "in principle," does not eliminate existing tariffs on motor vehicle parts entering the U.S. from Japan, although it . . .

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