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Trump’s plan to review NAFTA creates stir among Japanese manufacturers

Mainichi wrote that President Trump’s remarks indicating the possibility of the U.S. reviewing NAFTA has created a stir among Japanese manufacturers that have production bases in Mexico. Many Japanese firms have established production bases in Mexico since NAFTA’s launch in 1994, and a total of 957 companies, including Toyota, Nissan, Honda, and Mazda, had assembly plants in Mexico as of 2015. These automakers produce more than 1.3 million cars in Mexico annually, and 70 to 80% of them are sold in North America. Keidanren Chairman Sakakibara stated during a regular news conference on Monday that a review of NAFTA would probably have a significant impact on Japanese businesses that are making major investments in Mexico.

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