[Congressional Record Volume 140, Number 51 (Tuesday, May 3, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
[Congressional Record: May 3, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]
AUTO PARTS IS SUGGESTED SUBJECT OF UNITED STATES-JAPAN TRADE TALKS
(Ms. KAPTUR asked and was given permission to address the House for 1
minute and to revise and extend her remarks.)
Ms. KAPTUR. Mr. Speaker, my hat is off to the Clinton
administration's successful effort to open up the Japanese cellular
telephone and network equipment market. This represents a substantial
market for cellular phones but it only helps one company--Motorola.
What the administration must do now is to negotiate the same for the
U.S. auto industry. What we are talking about are 5,000 U.S.-owned
companies, directly employing over 700,000 people--5,000 U.S.
companies, over 700,000 U.S. workers.
Yet the administration allows the trade deficit in U.S. auto parts to
continue to climb. For this year alone the projected trade deficit with
Japan in the automotive arena will go over $30 billion. The trade
deficit in United States auto parts alone will be over 20 percent of
the total trade deficit with Japan.
The administration must continue to press the Japanese for definite
goals and schedules for increased Japanese purchases of United States-
made auto parts, and to fulfill previous commitments by increasing
substantially their purchases from nonaffiliated suppliers.
Mr. Speaker, an agreement over cellular phones is a good first step.
The administration must now be prepared to fly into the eye of the
hurricane. Job growth here at home depends on it.
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