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US-Japan Relations / Trade Talks / The Auto Market #160642

ABC Evening News for Tuesday, Jun 27, 1995
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(Studio: Peter Jennings) Report introduced.

(Portland: Brit Hume) The growing tension between the United States and Japan over the automobile trade dispute featured; scenes shown from Portland, OR, of President Clinton's motorcade going past workers demonstrating against the proposed tariffs. [CLINTON - defends his efforts to create a sensible, global economic policy.]

(Studio: Peter Jennings) Report introduced.

(Tokyo: Jim Laurie) The tight market in Japan for American-made cars and auto parts examined; details given of the Chrysler Corp.'s deal to buy out a Japanese dealership to get into the market. [Chrysler- Asia Denis ROOT, Mercedes Benz-Japan Rainer JAHN, American Auto Manufacturers Association Andrew CARD - talk about the United States in Japan's market.] How the kiritsu system, in which Japanese automakers buy parts from firms in which they have financial interests, works outlined

(Washington: Bob Jamieson) The economic and political complexities behind the US-Japan trade dispute examined. [Last Thursday, CLINTON - says the Japanese system is not fair.] Japan's promise to retaliate if the United States imposes sanctions on luxury cars and the potential economic impact on each side outlined; examples cited of businesses that could be losers in a trade war.

Reporter(s):
Hume, Brit;
Jamieson, Bob;
Jennings, Peter;
Laurie, Jim
Duration:
00:06:20

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