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Japanese automakers closely watching U.S. policy on trade and environment under Biden  

  • November 10, 2020
  • , Mainichi, Yomiuri
  • JMH Summary

Yomiuri wrote that the anticipated change of government in Washington will likely have an impact on the Japanese economy because Biden will probably make major changes in U.S. policies on climate change by having the United States rejoin the Paris Agreement, promoting the use of electric vehicles, and imposing stricter regulations on exhaust gas emissions. The paper speculated that Japanese automakers are paying close attention to the policies to be adopted by Biden because they will affect Japanese manufacturers’ exports to the United States. Mainichi wrote that there is concern among Japanese automakers that the new administration will impose stricter environmental regulations that will have an impact on their sales in the U.S. market.  

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