Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/3/84; site aluxe.UUCP Path: utzoo!watmath!clyde!burl!ulysses!mhuxj!aluxe!2141smh From: 2141smh@aluxe.UUCP (henning) Newsgroups: net.auto,net.consumers Subject: Re: Restrictions on Japanese Cars Message-ID: <533@aluxe.UUCP> Date: Sun, 25-Nov-84 21:26:33 EST Article-I.D.: aluxe.533 Posted: Sun Nov 25 21:26:33 1984 Date-Received: Mon, 26-Nov-84 07:38:52 EST References: <1260@umcp-cs.UUCP> Distribution: net Organization: AT&T Bell Laboratories, Allentown, PA Lines: 17 **** **** From the keys of Steve Henning, AT&T Bell Labs, Reading, PA aluxe!2141smh > Now that Reagan has been re-elected President, I am anxious to find out > whether or not the voluntary restrictions on Japanese cars will be lifted > when they expire in (I think) March next year. The only information I have > heard so far stated that the final decision would be postponed until after > the Presidential Election, but that they are likely to be renewed. The restrictions were only on the number of units and not the value of units. As a result, the US is getting all of the high profit top of the line Japanese vehicles. It is amazing what a big market niche this opened up to the Japanese, something the Europeans have been filling for years. The only true solution is free trade by both the US and Japan. But if Japan will not open up their market, we can't afford to open up our market to them. Perhaps the restrictions could be more intelligently administered next time.