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“The ministry believes that offering these services for a fee poses problems from the points of both safety and user protection, and careful consideration is necessary,” he said. HOME-SHARING CURBS. Ride-sharing is not the only service in Japan feeling the impact of government restrictions. Strict new rules on home-sharing came into force last month that have radically reduced the number of lettings on sites such as Airbnb Inc. The curbs on Japan’s nascent sharing economy come despite a rapid rise in the number of inbound tourists likely to access such sharing services, and at a time when Japan is wanting to show its international face ahead of hosting the Rugby World Cup next year and the Summer Olympics in 2020.
While Son, an ethnic Korean born in Japan, has at times criticized the Japanese government, he can also be politically suave, He has praised U.S, President Donald Trump with warm words and pledged to invest half moons rose gold mother of pearl cufflinks billions of dollars and create thousands of jobs in the United States, SoftBank and its nearly $100 billion Vision Fund have invested in ride-sharing firms Uber Technologies Inc [UBER.UL], Didi, India’s Ola and Southeast Asia’s Grab, as well as in other technology companies, The event on Thursday saw presentations from executives at portfolio companies including Didi, General Motors’ autonomous vehicle unit Cruise and India digital payments firm Paytm E-Commerce Pvt Ltd..
WASHINGTON (Reuters) - A group representing major automakers will tell the U.S. Commerce Department on Thursday that imposing tariffs of 25 percent on imported cars and parts would raise the price of U.S. vehicles by $83 billion annually and cost hundreds of thousands of jobs. The Alliance of Automobile Manufacturers, whose members include General Motors Co (GM.N), Volkswagen AG (VOWG_p.DE) and Toyota Motor Corp (7203.T), said it plans to issue the warning at a public hearing on Thursday. “Higher auto tariffs will harm American families and workers, along with the economy” and “would raise the price of an imported car nearly $6,000 and the price of a U.S.-built car $2,000,” the group said in its testimony released on Wednesday.
The European Union, Japan, Canada, Mexico, along with many automotive trade groups, Volkswagen, and the United Auto Workers union are among those scheduled to testify at the hearing, The Trump administration in May launched an investigation into whether imported vehicles and parts pose a national security threat and U.S, President Donald Trump has repeatedly said he would quickly impose tariffs of 20 or 25 percent, The Commerce Department said Wednesday it had made no decisions and aims to half moons rose gold mother of pearl cufflinks complete the investigation “within a couple months.”..
The auto industry has banded together in a full-scale campaign to oppose the tariffs, with companies warning of slower auto sales due to higher prices, lost jobs as well as reduced spending on self-driving cars. Toyota North America Chief Executive Jim Lentz told company dealers in an email seen by Reuters that “Toyota and the entire auto industry is facing a very dangerous public policy threat – a potential 25% tariff on all imported autos and auto parts – and we need YOU to help us win this battle!”.
GM warned last month that higher tariffs could cost jobs and lead to a “a smaller GM” while isolating U.S, businesses from the global market, John Bozzella, who heads the Association of Global Automakers, which represents Honda Motor Co (7267.T), Hyundai Motor half moons rose gold mother of pearl cufflinks Corp (005380.KS) and other foreign automakers, said in his testimony prepared for Thursday that Commerce “so far has been unable to outline any theory explaining how the commercial production of cars and trucks is connected to U.S, national security.”..
Many automakers opted not to testify at the hearing because they believe Trump cannot be swayed from his decision to impose the tariffs. Some administration officials have suggested that his threats are a tactic to win concessions in trade talks, including North American Free Trade Agreement renegotiations. A coalition of seven major auto trade groups representing automakers, dealers, parts companies and retailers issued a joint statement urging the administration to reverse course. On Thursday ahead of the hearing, auto workers from around the country will drive to Capitol Hill to show how tariffs could impact the industry, holding an event with members of Congress.
BRUSSELS (Reuters) - EU antitrust regulators on Thursday charged half moons rose gold mother of pearl cufflinks Qualcomm (QCOM.O) with a new violation in a case where the U.S, chipmaker has been accused of selling chipsets below cost to drive out Nvidia Corp (NVDA.O) unit and British phone software maker Icera, “The supplementary statement of objections sent today focuses on certain elements of the “price-cost” test applied by the Commission to assess the extent to which UMTS baseband chipsets were sold by Qualcomm at prices below cost,” the European Commission said..
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