Stop Sign: An end to auto import quotas
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Washington officials are increasingly annoyed at Japan for not opening more markets to U.S. firms. Missouri Republican John Danforth, who heads the Senate's International Trade Subcommittee, reflects a growing mood. Said he: "The U.S. has been a sort of benevolent chump. We should find some specific means of inflicting at least some economic pain on the Japanese." Even after the end of controls, Japanese automakers may find that the U.S. is not a very friendly market.
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