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International Trade

Chrysler, Ford and GM have supported every major trade agreement negotiation to establish a 21st Century Trans-Pacific Partnership (TPP) free trade agreement with Australia, Brunei, Chile, New Zealand, Malaysia, Peru, Singapore and Vietnam. AAPC also works to support U.S. trade relationships with other countries around the globe.

The Trans Pacific Partnership

The TPP will also provide a high standard free trade agreement model for the Asia-Pacific region, and a solid economic anchor for the United States in Asia to prevent an economic and trade divide in the middle of the Pacific region.

International Trade, and the TPP, will allow the U.S. to build on existing free trade agreements with four of the eight other countries (Australia, Chile, Peru, Singapore) by better coordinating and harmonizing gains already made in prior trade agreements with those nations. The TPP will serve as a substantial step forward by establishing free trade agreements with four new U.S. trade partners (Brunei, Malaysia, New Zealand and Vietnam). Finally, the agreement will allow the nine signatories to establish a model agreement capable of serving as a high-standard, broad-based regional pact.

Sep 24 2013
Written by Vicki Needham | Posted on The Hill

A majority of congressional lawmakers are pressing the Obama administration to crack down on currency manipulation as part of negotiations on an Asia-Pacific trade deal. 

Sep 10 2013
McClatchy - Tribune Information Services

The American Automotive Policy Council, a trade group representing the Big Three automakers, is pushing back hard against Japan's new place at the negotiating table for one of the most comprehensive free-trade deals in years.

Initially conceived as an 11-country bloc when it was announced in Nov. 2011, the Trans-Pacific Partnership agreement aims to create a free-trade group with countries such as Vietnam, New Zealand and Malaysia. In July, during the 18th round of negotiations, Japan joined the talks, and the countries involved ambitiously hope to wrap up the discussions in October.

Sep 09 2013
Written by Jamison Cocklin | Posted on Vindy.com

The American Automotive Policy Council, a trade group representing the Big Three automakers, is pushing back hard against Japan’s new place at the negotiating table for one of the most comprehensive free-trade deals in years.

Initially conceived as an 11-country bloc when it was announced in Nov. 2011, the Trans-Pacific Partnership agreement aims to create a free-trade group with countries such as Vietnam, New Zealand and Malaysia. In July, during the 18th round of negotiations, Japan joined the talks, and the countries involved ambitiously hope to wrap up the discussions in October.

Aug 26 2013
MENAFN.COM

A proposed international trade treaty involving Pacific nations including Japan could threaten the domestic auto recovery here and in other industrial Midwestern states if it isn't smartly negotiated, the Big Three U.S. auto companies and Ohio senators Rob Portman and Sherrod Brown said.

Aug 22 2013
Written by Scott Paul | Posted on The Detroit News

The city of Detroit has temporarily tapped out. In this case, municipal bankruptcy is more than just relief from debt obligations; it represents a huge psychic wound for the heart of American industry. Michigan makes things. So how could it have gotten this rough?

It’s bad, but there is hope. The Big Three, only a few years out of their deathbeds, are back in the black. GM, Ford, and Chrysler have produced profits that measure in the billions, despite the prewritten obituaries that appeared in 2009.

Despite their turnaround, the Big Three still face significant hurdles in getting their goods into Japan, and face import competition subsidized by currency manipulation. In fact, imports from all countries, including the U.S., account for only 6 percent of Japan’s auto market. Meanwhile, America has one of the most open auto markets in the world.

 

 

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