Bill Clinton: “Let me say--I have worked with four Japanese governments. We have succeeded in pushing through a new world trade…”

“Let me say--I have worked with four Japanese governments. We have succeeded in pushing through a new world trade agreement. We have gotten, I think, 14 specific agreements with Japan, including agreements to import rice. But the real problem with the Japanese-American trade relationship, and with the Japanese trade relationship with many other countries, is autos and auto parts. It's 60 percent of our trade deficit with Japan. And we know we're competitive in price and quality. And we know there are indirect problems that are not covered by the specific letter of normal trade agreements. So we have to be firm here. I have done everything I could for 2\1/2\ years to have a good, constructive, friendly relationship with Japan. We are allies, we are friends, but we must be firm on this. The Vice President. I was watching television yesterday, and I saw an advertisement saying, ``Free trade--these firm moves against Japan are a terrible mistake.'' And then at the end of the commercial, it said, ``Paid for by Japanese Auto Association.'' And I would just say to them that if they, in any way, misjudge the strength and resolve of the President in pursuing this, they're making a serious mistake, because they're the ones that are acting contrary to what it would take to have more---- Mr. King. You're not going to give on this, is what you're saying.”