JAMA Chief Toyoda Rebuts Trump's Security Threat Claim
Tokyo, May 22 (Jiji Press)--Japan Automobile Manufacturers Association Chairman Akio Toyoda has rebutted U.S. President Donald Trump's declaration that imported vehicles and parts threaten the U.S. national security.
"We are dismayed to hear a message suggesting that our long-time contributions of investment and employment in the United States are not welcomed," Toyoda, also president of Toyota Motor Corp. <7203>, said in a statement issued Tuesday. "As chairman (of JAMA), I am deeply saddened by this decision."
Citing data describing JAMA member firms' contributions to the U.S. economy, including over 1.6 million jobs being supported by them and cumulative investments of 51 billion dollars in manufacturing facilities alone, Toyoda stressed, "We are certain that neither imported vehicles and parts nor our American operations threaten to impair the U.S. national security."
As for Trump's announcement Friday that he would delay by up to six months a decision on whether to impose extra tariffs on cars and parts, Toyoda noted, "Any trade restrictive measures would deliver a serious blow to the U.S. auto industry and economy."
Then he expressed hope that dialogue between the Japanese and U.S. governments "leads to an outcome that supports the development of the auto industries and economies of both nations."
[Copyright The Jiji Press, Ltd.]