US carmakers warn on Thailand, S. Korea trade talks

Posted on February 18, 2006 by admin
US carmakers warn on Thailand, S. Korea trade talks - Reuters, February 18, 2006
...The Big Three U.S. automakers are worried about the harm possible free trade agreements with Thailand and South Korea could do to their industry in the United States, the head of the carmakers' trade council said on Friday.
Stephen Collins told a hearing set up by US Senate Democrats that Japanese automakers had essentially moved their entire production of pickup trucks from Japan to Thailand.
"This means that when the US sits down with their Thai counterparts, it is not Thailand alone asking for US automotive tariffs to be reduced -- it is the Japanese auto industry," Collins said...
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