Japan Has No Monopoly On Trade Barriers:
I believe the U.S. is right to fight Japanese trade barriers, especially on car imports ("Good deal? Yes. Great deal? No," American News, July 10).
However, the U.S. should also fight the European Community's car-import restrictions. In the EC, less than 1 car in 12 is made in Japan. And American cars, although of comparable quality to European brands, account for less than 1 in 50. Why? Simply because Fortress Europe has invented lots of import-fighting measures. Taxes levied on price, transport, and VAT result in real import taxes that are higher than 12%!
The U.S.-Japan trade gap is diverting attention from the real problem: the abundance of hidden trade barriers in countries other than Japan.
H. Van Gael