PURCHASES OF UNITED STATES-MADE AUTOMOTIVE PARTS BY JAPAN.

SEC. 1934. PURCHASES OF UNITED STATES-MADE AUTOMOTIVE PARTS BY JAPAN. (a) Findings.— The Congress finds that— (1) the United States merchandise trade deficit reached the unprecedented level of $170,000,000,000 in 1986; (2) the United States trade deficit with Japan, which reached $59,000,000,000 in 1986, accounted for approximately one-third of the total deficit; (3) approximately one-half of the United States trade deficit with Japan was in motor vehicles and equipment; (4) while Japanese automobile firms based in Japan produced 7,800,000 passenger cars in 1986 and exported 2,300,000 cars to the United States, United States exports of auto parts to Japan were only about $300,000,000 in 1986; (5) United States automotive parts producers meet increasingly rigorous requirements for quality, just-in-time supply, and competitive pricing in the United States market; and (6) the market-oriented sector specific (MOSS) talks on auto parts are aimed at overcoming substantial market access barriers and increasing the access of United States auto parts producers to the original and replacement parts market rep-resented by Japanese automobiles produced in Japan, the United States, and third countries. (b) Sense of Congress.— The Congress— (1) strongly supports efforts being made by United States negotiators to expand significantly the opportunities for United States automotive parts producers to supply original and replacement parts for Japanese automobiles, wherever those automobiles may be produced; and (2) determines that success of the MOSS talks will be measured by a significant increase in sales by United States auto parts companies to Japanese vehicle companies and the 102 STAT. 1322initiation of long-term sourcing relationships between such companies. (c) Report on Outcome.— The United States Trade Representative and the Secretary of Commerce shall report to Congress at the conclusion of the MOSS talks on the outcome of the talks and on any agreements reached with Japan with respect to purchases by Japanese firms of United States automotive parts.