The U.S. imported $74 billion worth of auto parts last year, $26 billion more than it exported, says the 2004 Automotive Aftermarket Status Report from the Automotive Aftermarket Suppliers Assn. While AASA says Japan is “the most significant contributor to the trade deficit,” imports from China grew a whopping 300% in 2003, placing the country as the fifth-largest source of imported auto parts in the U.S. Mexico and Canada remain the U.S.’s largest trading partners, with the latter being ...
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