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.
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With the annual SelectUSA Investment Summit underway this week, it is important to remember just why Japanese-brand automakers continue to ‘select’ the United States as an automotive production center.
Continue readingJAMA 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.
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Investments from Japanese-brand automakers have been integral to the success of the U.S. manufacturing sector, which supports millions of jobs across the country. The substantial cumulative investments of Japanese-brand automakers have also played a critical role in strengthening the foundation of the U.S.-Japan economic relationship.
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Whether it be through the expansion of existing facilities, new investments, or further advancement of innovation through R&D investments, Japanese-brand automakers are steadfastly committed to continuing these efforts into the future.
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