U.S. Puts Japan in Talks for Pacific Trade Deal

The article I will be discussing this week pertains to the Japan entering the Asia-Pacific free trade agreement.  It seems as though this can be both a good and bad thing.  Entering this agreement could be great for Japan and may help stimulate the Asian economy.  On the other hand I feel as though this agreement could be detrimental to the American automobile industry.  Japan seems to have a competitive advantage when it comes to making automobiles.  If a free trade agreement was constructed many of the American automobile makers would no longer be able to compete.  With all the money that America has dumped into the automobile the last thing we need is something to cause the industry to take a step back.  But ultimately the global economy is more important than any one single market.  So if the American automobile industry has to take a hit in order to better the global economy, then that is what we have to do.

 http://www.nytimes.com/2013/04/13/business/global/us-puts-japan-in-talks-for-pacific-trade-deal.html?ref=internationaltradeandworldmarket