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Japan-U.S. Automobile and Parts Trade Dispute
On May 9, 1995, the United States initiated action designed to resolve a dispute with Japan dealing with automobiles and auto parts. In an effort to move negotiations along and resolve a U.S. unfair trade practices case (Section 301) dealing with barriers in the aftermarket for auto parts in Japan, the United States has threatened to impose 100 percent tariffs on imports of thirteen Japanese luxury passenger cars (Honda Acura, Nissan Infiniti, Toyota Lexus, Mazda 929 and Millenia, and Mitsubishi Diamante). The decision will be made by June 28, 1995. The United States also is pursuing a broad unfair trading case dealing with access to Japan's automotive market at the World Trade Organization. Japan, meanwhile, has also initiated a case at the WTO challenging the legality of the threatened increase in U.S. tariffs. Consultations under the WTO on these issues began in Geneva on June 12, 1995.
The G-20 and International Economic Cooperation: Background and Implications for Congress
This report discusses the background of the G-20 (an international forum for discussing and coordinating economic policies) and some of the issues that it has addressed. It includes historic background on the work of the G-20, information about how the group operates, overviews of G-20 summits, major issues that the group is likely to address and the likely effectiveness of the G-20 in the near future.
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