On April 15, JAMA submitted comments to USTR in response to the request for comment relating to the Section 301 Investigation into Excess Capacity and Production.
As Japanese-brand automakers have built upon their successful manufacturing investments in the U.S., Canada, and Mexico, the USMCA has helped them make efficient and predictable investments, which only further fuel investments in the region as the market grows.
JAMA welcomes this deal not only for helping to limit the impact on the entire Japanese automotive industry, including its supply chain, but also for avoiding negatively affecting our members’ customers in the U.S.
JAMA’s truck manufacturing members strongly urge the U.S. to support policies that encourage continued growth in the U.S. Possible tariff measures in response to this investigation would add costs and decrease the momentum in U.S. truck manufacturing as downside price increases would generate a negative outcome for commercial customers who are primarily concerned with increased costs to their (U.S.) business.
JAMA strongly urges the governments of both nations to engage in productive dialogue to forge a future-oriented positive path at the earliest opportunity, in order to maintain a business environment that continues to support the sustained development and success of both nations’ automotive industries.
The Japan Automobile Manufacturers Association (JAMA) submited the following comments to the Bureau of Industry and Security (BIS) and the Department of Commerce in response to the September 26, 2024, request for comments regarding the notice of proposed rulemaking entitled, “Securing the Information and Communications Technology and Services Supply Chain: Connected Vehicles.”
On January 18, the Japan Automobile Manufacturers Association (JAMA) submitted comments to the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) in response to the December 4, 2023, notice of proposed rulemaking (NPRM) regarding Section 30D Excluded Entities. Below is a summary of those comments.
As JAMA members remain committed to the transition to electrified vehicles and continue to invest in the transition. However, building and bringing new facilities online takes time, and the timelines associated with the Section 30D tax credit’s critical minerals requirements remain very challenging.