Tag: TPP

By on July 18, 2017

Old Assembly Factory floor

Despite President Trump having initially framed his proposed NAFTA renegotiations as a hardline “America First” endeavor, the administration’s stance has soften significantly. In a recent summary of objectives, U.S. Trade Representative Robert Lighthizer highlighted fairness as the key issue throughout.

Absent were any mention of abandoning the deal if certain conditions were not met and the steep tariffs previously alluded to by the president. In fact, any mention of tariffs specifically targeted their reduction or elimination — for both imported and exported goods. There are, however, numerous examples that reaffirm the Trump administration’s earlier objectives and a handful of inclusions that should please domestic automakers. (Read More…)

By on January 24, 2017

Trabant 601deluxe Universal, Modell 1970, By Deluxe602 at de.wikipedia (Original text : S.M.) [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0/)], from Wikimedia Commons

“Like any good capitalist, I firmly believe that automakers need competition to produce their best and most innovative work.” That’s what my colleague and occasional pal Stef Schrader on Jalopnik wrote yesterday, in a column titled Protectionism Is Only Good If You Love Really Terrible Cars. I doubt neither Stef’s sincerity nor her diligence; she hits all the traditional marks in her piece, from Allegro to Trabant, and she does it with style.

I am not a good capitalist. Not any longer.

For most of my life, I was; I’ve been mostly self-employed since I was 19, and I’ve never asked for help from anybody save for three weeks’ worth of unemployment payments in 1995. I always looked at life as a battle that went to the strongest, and I never felt inadequate in the face of the challenge.

Once I became a father, however, I started wondering about my son’s prospects, and the prospects of his contemporaries. What if they didn’t have the strength, or the luck, that I’ve had? Should they be just tossed aside by the global economy, discarded forever just because they couldn’t win a race to the bottom with seven billion other desperate souls?

If the former president of the Miami University Entrepreneurial Society (yes, guilty as charged) can read Adbusters and start worrying about factory conditions around the globe, perhaps that means everything out there is up for grabs. And it’s worth asking the question: Could a new round of protectionist policies, intelligently conceived and applied, change our lives as drivers, consumers, and workers — for the better?

(Read More…)

By on January 23, 2017

FCA Windsor minivan assembly Dodge Grand Caravan 2011 - Image: FCA

Reactions are varied following this morning’s announcement that President Donald Trump will renegotiate the North American Free Trade Agreement and pull the country out of the Trans Pacific Partnership.

North of the border, however, the leader of Canada’s Detroit Three autoworkers was apparently dancing a jig. Unifor president Jerry Dias seemed thrilled when he appeared on talk radio to sing the praises of the president’s executive actions. Trump’s moves are “a great opportunity to right the ship,” he said. (Read More…)

By on January 23, 2017

Donald Trump

Ten high-profile manufacturing executives, including Ford CEO Mark Fields and Tesla Motors’ Elon Musk, visited the White House today, where they were informed by President Donald Trump today that he would dramatically reduce corporate taxation and scale down regulations by as much as seventy-five percent.

Trump promised the return of manufacturing plants and jobs within the United States during his campaign. Making it more appetizing for specific companies to do so is an essential aspect of that plan, however, the new President also issued the caveat that companies choosing to invest outside of American soil would have to pay for it.  (Read More…)

By on June 22, 2016

Trump and Clinton, Image: Image: By Donald Trump August 19, 2015 (cropped).jpg: BU Rob13Hillary Clinton by Gage Skidmore 2.jpg: Gage [GFDL or CC BY-SA 4.0], via Wikimedia Commons

As this is written in late June, the 2016 presidential race has been whittled down to two presumptive nominees from the two major political parties, and two or three more candidates that should appear on ballots nationwide. There are dozens of issues facing the public, certainly, but as The Truth About Cars is obviously an automotive-focused site, we felt discussing issues not related to the auto industry is well beyond the scope of our talents or expertise.

However, there are plenty of issues that will affect our industry, so we are establishing a discussion on the candidate’s positions on those issues. We aim to present a fair, unbiased assessment that will no doubt be shredded within the first five comments, so have at it.

(Read More…)

By on November 5, 2015

Auto Worker at Japanese Honda Factory

The full text of the Trans-Pacific Partnership (TPP) was released Thursday by pact member New Zealand. The trade agreement will set out trade rules for multiple industries — including automotive manufacturing and the import/export of those vehicles — for its member states.

TPP, an expansion of the Trans-Pacific Strategic Economic Partnership Agreement, includes members Australia, Brunei, Canada, Chile, Japan, Mexico, Malaysia, New Zealand, Peru, Singapore, United States of America and Vietnam.

New Zealand leaked the details on its Ministry of Foreign Affairs and Trade website.

(Read More…)

By on August 26, 2015

Trans-Pacific Partnership Circa 2010

The head of the AFL-CIO in the United States is criticizing the current presidential administration for its pursuit of a trade zone in the Pacific that could open up Asian markets to America and vice versa, the Detroit News is reporting.

AFL-CIO President Richard Trumka wrote the administration a letter saying that a free-trade agreement with countries such as Japan jeopardizes American jobs because those countries may be able to source cheaper parts from outside the negotiated area, according to the report.

“I hope it is not the case that the Canadian and Mexican negotiators are actually holding a harder line than our own government on this issue. But due to the unaccountable lack of transparency from USTR, absolutely critical decisions are being made without our input or voice. Thousands of good American jobs and an iconic American industry are at risk, and we don’t even know what our government’s negotiating position is.”

(Read More…)

By on April 27, 2015

Trans-Pacific Partnership Circa 2010

The Detroit Three are among those expressing concern over the Trans-Pacific Partnership free-trade agreement, specifically what it would do to the industry.

(Read More…)

By on July 7, 2013

Detroit is finally dropping the mask and says what it really wants in U.S. / Japanese trade relations. It wants to keep existing barriers that frustrate importation of Japanese cars, and that, for all intents and purposes, prevent importation of  Japanese trucks. For the next generation, Detroit wants to be in your pocket without outside interference. (Read More…)

By on April 16, 2013

Now that the U.S. and Japan have agreed on a watered-down version of the Trans-Pacific Partnership trade negotiations (America will keep its beloved chicken tax for at least another decade, Japan will protect its rice farmers from the evils of cheap American rice,) negotiations between  the EU and Japan about a trade pact are getting underway, with considerably less drama. (Read More…)

By on April 12, 2013

“Japan effectively sealed its participation in Trans-Pacific Partnership trade negotiations Friday after reaching an agreement with the U.S. over its entry into the talks for the emerging regional free trade pact,” says The Nikkei [sub] . (Read More…)

By on November 29, 2012

In Europe, EU commissioners received the green light to start negotiations for an EU-Japan free trade agreement (FTA), despite the complaints of the auto industry, notably the one in Italy, and PSA in France, Reuters reports. Japan is the EU’s third-largest trading partner after the United States and China, and the architects of the FTA hope for 400,000 new jobs to be created in Europe as a result of the agreement. (Read More…)

By on August 24, 2012

Today, the last Mazda6 will “roll off the assembly line in Flat Rock today as the Japanese automaker hands the keys to the plant back to its one-time parent, Ford Motor Co.,” says the Detroit News. It is part of a sad and messy affair that makes Ford look stupid and vindictive. (Read More…)

By on May 5, 2012

Imagine what happened if the representative of a large Japanese or Chinese car company would demand that America should close some car factories before easier access to foreign markets would be contemplated. All hell would break loose, and the Seventh Fleet would steam in the direction of the loose cannon – if it is not already there. What happens if the representative of Ford says that Japan should be required to reduce the size of its auto industry before being allowed into regional free trade talks with the United States and eight other countries in the Asia Pacific? Business as usual. (Read More…)

By on February 4, 2012

This just in: “The U.S. auto industry has dropped a demand for Japan to abolish rules related to minivehicles ahead of upcoming talks between the two sides over the Trans-Pacific Partnership (TPP) free trade zone,” The Nikkei [sub] writes after reading this story. (Read More…)

Recent Comments

  • VW4motion: @siwired, This probably is a much cheaper to repair. But what’s up with the 2 in rear bumper that does...
  • Scoutdude: While I don’t trust Carfax to show every wreck they are pretty good about having a chain of license...
  • spookiness: Still, if I won a lottery of a certain minimum threshold, this is the car I’d buy, just because I...
  • Fordson: The Coyote makes more power and torque than the Nissan 5.6, and the EcoBoost 3.5 makes more power than the...
  • FreedMike: Put a Fusion side by side with a MKZ – and there’s a dealer in my area where that’s...

New Car Research

Get a Free Dealer Quote

Staff

  • Contributors

  • Matthew Guy, Canada
  • Ronnie Schreiber, United States
  • Bozi Tatarevic, United States
  • Chris Tonn, United States
  • Corey Lewis, United States
  • Mark Baruth, United States
  • Moderators

  • Adam Tonge, United States
  • Corey Lewis, United States