Voices : U.S.-JAPAN TRADE ACCORD
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Reaction to Wednesday’s trade agreement:
“Today, Japan has agreed that it will begin to truly open its auto and auto-parts markets to American companies. This agreement is specific. It is measurable. It will achieve real, concrete results.”
--President Clinton
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“This agreement will not solve all our problems. Let’s not give hyperbole a bad name.”
--Mickey Kantor, U.S. trade representative
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“It’s a great day for Californians--for the 150,000 workers whose jobs are no longer at risk, as well as for the consumers who no longer have to worry about increased auto prices.”
--Fred Miller, chief spokesman of The Alliance to Save California Jobs
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“Beyond merely extracting promises from the Japanese government, we must hold them to their word and require them to live up to the promises they’ve made.”
--Richard Gephardt, House Democratic leader
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“The White House advertised this as a gunfight at the OK Corral. But it turned out that the President was only shooting blanks.”
--Sen. Phil Gramm (R-Tex.)
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“If the understanding is opening up the Japanese market only for Americans ... then it is a violation of the basic rule of multilateral agreements and free trade.”
--Martin Bangemann, EU Industry Commissioner
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“This successful agreement is a victory not just for the United States and Japan, but also for the newly created [World Trade Organiztion] and its member countries.”
--Ryutaro Hashimoto, Japanese Minister of International Trade and Industry
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“It’s very, very good for us and all the parts makers in the U.S. It’s going to mean more employment in the U.S. and plant expansion in the U.S.”
--Richard Snell, president and chief executive of Tenneco, the world’s largest supplier of shocks, struts and exhausts pipes for cars
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“It’s back to business as usual now. ‘We’re relieved.”
--Rooky Neufeld, the sales manager at Lexus of Santa Monica
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