• Kyodo

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Trade minister Toshimitsu Motegi said Tuesday that a recent deal on car trade between Japan and the United States won’t necessarily leave Japanese companies at a disadvantage to their South Korean rivals.

The deal was reached as part of the process to win U.S. approval for Japan’s participation in the negotiations for the Trans-Pacific Partnership regional free-trade accord, with Tokyo seen as having made concessions on auto issues to which Washington is sensitive.

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