Ford wants Japan to cut car exports to the U.S.

Ford President Harold Poling called on Japan to curb car exports to the United States to fewer than 2 million units annually from the present 2.3 million. He said Japanese companies should have their exports reduced to compensate for increases in their U.S. production. Poling said his proposal would not reverse America’s trade deficit with Japan, but was an interim step that would only “hold things even.”