Japan has unofficially decided to retain its...

Japan has unofficially decided to retain its curbs on car exports to the United States at 2.3 million units for the next financial year, a senior official of the Ministry of International Trade and Industry said. A formal announcement is expected shortly. The Japanese government has been caught between U.S. car makers, which have pressed for a reduction in the export quotas, and their Japanese counterparts, which wanted the limits scrapped entirely.

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