All national dailies wrote that on Thursday Akio Toyoda, chairman of the Japan Automobile Manufacturers Association and president of Toyota Motor, released a statement saying: “We welcome the agreement reached between the United States and Japan that Washington will not raise tariffs on Japanese auto imports while the TAG negotiations are ongoing.” Yoshimitsu Kobayashi, chairman of the Association of Corporate Executives, said that the agreement is good because high tariffs will not be imposed on autos.
JA Zenchu Chairman Nakaya welcomed the joint statement between President Trump and Prime Minister Abe on Wednesday by saying that Japan clearly confirmed with the United States that it will not make greater concessions in agriculture than what it has already agreed to under the TPP and other trade agreements. However, Nakaya called on the GOJ to provide explanations of the details of the agreement and progress in future negotiations.