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Comments on USMCA
JAMA Canada, while seeing the need for careful review of the final legal text, is encouraged by the successful conclusion of negotiations toward a modernized NAFTA, now called the US-Mexico-Canada Agreement. We deeply appreciate the dedicated teamwork of the Canadian Trade Negotiators in securing this agreement in principle.
Since Japanese automakers first came to Canada over 50 years ago, the auto industry in Canada has grown and prospered on a foundation of open trade, evolving into a highly trade-dependent sector that remains deeply integrated in North America.
At the same time, we fully support Canada’s initiatives to diversify and expand trade opportunities that will support and strengthen the competitiveness of the auto industry for the benefit of consumers, manufacturers, suppliers and dealers in communities across Canada.
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Statement by JAMA Tokyo Chairman Akio Toyoda on US 232 Investigation on Imports of Automobiles & Auto Parts