[Congressional Record Volume 141, Number 72 (Wednesday, May 3, 1995)]
[House]
[Page H4519]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
OPENING JAPANESE MARKETS
(Mr. LEVIN asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. LEVIN. Mr. Speaker, it was 10 years ago that Marcy Kaptur and I
met with Japanese officials about opening their markets to United
States auto parts. Imports then had less than 1 percent of Japan's
protected market. Today, despite incessant American efforts, that
figure is only 2.4 percent.
The Japanese sell their automotive products on every United States
Main Street, but they make it difficult, often impossible, to sell
United States products even on Japanese side streets.
The negotiations that begin today in Vancouver are make it or break
it for opening the Japanese market. That is why there is broad support
on a bipartisan basis here in Congress and in the U.S. business
community, from the Business Roundtable and NAM to semiconductors and
motion pictures.
Japan's protected markets undermine the world trading system.
Resolution of this issue with Japan will affect this Nation's economic
future, the confidence of Americans in their Nation's trade policy.
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