Commentary: If Japan can’t get a good trade deal, can anyone?

COMPLETENTS DISCOVERED FROM REALITY

Japan when viewed as a protectionist state in the 1980s, leading the Regional Comprehensive Economic Partnership, which covers deal throughout many of Asia. It has since helped save the Trans-Pacific Partnership.

But you Akazawa urge the US side to accept reality? Trump’s problems have largely been fudged from reality, from his mention of barriers to auto revenue to suggestions that corn is subject to a 700 % trade, which ministers have criticized as “incomprehensible.”

This thinking is not just applicable to the current leader. Subsequent US services on both sides of the aisle have discovered things in Japan that they detest. The former prime minister information how in the belated memoirs of the later Shinzo Abe, then-President Barack Obama, used essentially the same reasoning as Trump in 2014.

Obama told Abe while dining at the renowned sushi restaurant Sukiyabashi Jiro,” I didn’t notice a second American car on my way around. You must take action to address this.

Obama protested, citing allegedly citing “non-tariff restrictions,” despite the prime minister’s explanation that there were no taxes on US vehicles. With the Hudson Institute claiming that Japan trucks are so effective in the US, they account for more than three-quarters of the trade deficit, it might not be difficult to see where this column comes from.

Abe argued that American manufacturers made no effort to market in his country, nor did they even change the steering wheel’s position to match Chinese roads, or even do TV advertising like European manufacturers. Obama” locked up pretty quickly after that,” according to Abe.

Continue Reading

Commentary: The Japan tariff myth that just won’t die

A MYTH It CANNOT DIE

It is accurate to say that GM and Ford offer so little in Japan; GM sold less than 200 models in the fiscal year that ended last month. The idea that unfair business practices are to blame is not only false, but it is also one of those enduring tales that won’t pass away.

Before Trump, Japan previously levied less than the US’s 2.5 % car import price.

How much less? In reality, nothing has been done by Tokyo since 1978, including auto import taxes. In the past, the land &nbsp had&nbsp, barriers to clear&nbsp, but those haven’t existed for years.

Years of lawmakers are left scratching their heads over US grievances about market access, but other obstacles have been overcome in the past. In fact, the reason for their complaint is things much simpler: The automobiles aren’t good enough. &nbsp,

American manufacturers have just failed to produce cars that attractiveness to regional tastes. Japanese drivers desire small, energy-efficient vehicles that strike a balance between exceptional safety and dependability and excellent value.

Forget about US companies and exports; it’s difficult for the majority of local companies to meet these demands. Toyota is responsible for one in two of the nation’s sales of automobiles. &nbsp,

Additionally, Kei cars, which are ultra-light vehicles with smaller engines, are taxed at a lower level, account for a third of sales. No US manufacturer, yet builders, makes it, and it belongs to a group. However, the most well-known National vehicles are simply too big for Chinese parking lots and roads.

Some Ford F-150 models, which have long been the nation’s most popular vehicle, are so ridiculously large that they are unattainable on a normal driver’s license. &nbsp, &nbsp,

Continue Reading