Trump GOES NUTS as Japan QUITS U.S. Auto Market of Trump’s Tariffs – $60B U.S. Disappear

Trump GOES NUTS as Japan QUITS U.S. Auto Market of Trump’s Tariffs – $60B U.S. Disappear

In a political narrative tinged with economic nationalism and nostalgia for a bygone world, the administration of President Donald Trump has raised the banner of protectionism, targeting one of its oldest and most important trade partners, Japan. The emergence of US tariff policies has exposed their erratic and unstrategic nature. On April 2nd, the Trump administration announced a new round of tariffs, only to unexpectedly delay their implementation by 90 days hours later, creating uncertainty in trade talks. Amid the chaos, a 25% tariff still looms over Japan’s auto industry, a devastating blow. As negotiator Rios Akazawa bitterly admits, the foundation of this threat is built on an oversimplified and misleading argument. In an interview with Fox News, President Trump painted a distorted picture of trade, claiming that the US doesn’t give Japan any cars while they flood the US market with millions of vehicles. This rhetoric conveniently ignores a key truth. Japanese automakers are no longer foreign competitors. They have become an integral part of US manufacturing. With over $60 billion in investment, they’ve built a vast ecosystem. In fact, Japanese automakers produce about 3.3 million cars annually in the US. Japanese brands now account for 40% of the US market share for passenger and light commercial vehicles. More importantly, they manufacture millions of cars right here in the US. According to sources, Toyota produced 1.25 25 million cars in 2023. Honda 970,000 cars and Nissan 770,000 cars. Focusing on the 8.6 trillion yen trade deficit, 82% of which comes from the auto industry, while disregarding this symbiotic relationship is an economically dishonest act. Negotiations thus became a tragic comedy. While Japanese negotiator Rios Akazawa had to travel the world for sincere and serious but feudal talks, President Trump casually waved his unilateral threat. I can send a letter to Japan. You’ll have to pay a 25% tariff on your cars. This wasn’t negotiation. It was bullying. A display of contempt for the partner and complete disregard for the impending catastrophic consequences. If this policy is enforced, it will trigger a chain reaction deeply harming and spreading through the entire US economy. The White House’s argument made a fatal mistake by assuming these tariffs would only affect imported cars. In reality, it’s a direct attack on the US domestic supply chain. Even the made in USA cars from Toyota or Honda with high domestic content still rely on imported parts like wiring systems and components from Japan such as engines and transmissions. A 25% tariff on these parts will cause production costs to soar, suffocating US factories. Finally, the burden of this political spectacle will fall on US consumers. With a 25% tariff, the average price of a hybrid or small SUV, vehicle models dominated by Japanese brands, will rise by over $4,000. This is essentially a new tax on America’s middle class. In an already strained market, this price shock will freeze demand, forcing consumers to delay purchases or opt for older models that consume more fuel. This will not only hurt people’s wallets but also undermine national emissions reduction goals. Meanwhile, US manufacturers focusing on electric vehicles will be unable to fill this gap immediately, leading to a less competitive market, rising prices, and fewer choices for consumers. How costly will America’s recklessness and narrow vision turn out to be? Hot news. Canada just kneelled before Trump and officially canled its plan to impose a 3% digital tax on tech giants like Google, Meta, Amazon, and Netflix. Yep, the tax that was supposed to bring fairness by targeting these massive corporations making billions while paying taxes like they’re throwing pocket change. But don’t worry, thanks to Trump protecting America, Americans will now continue to pay for utilities and internet services, keeping profits flowing for big tech. Let’s dive into Trump’s victory and see who really comes out on top in the end. Only just a few hours ago, the Canadian Prime Minister’s office issued a statement cancelling the plan to impose a 3% digital tax as of June 30th. This tax was designed to target the American tech giants, raking in huge profits while paying taxes like it’s a charity donation. But guess what? Trump wasn’t having it. He immediately froze all bilateral trade talks, shouting that this was a blatant attack on the US result. Mark Carney, Canada’s cool-headed prime minister, had to back down and cancel the tax, hoping to keep negotiations afloat and aiming for a new deal by July 21st. Sounds like a mafia script, right? Cancel the tax for us and we’ll talk. Trump’s media allies are out there dancing, shouting, “He made Canada back down.” But before you start the applause, hold your horses. This win isn’t doing anything for American workers trying to keep their jobs. Instead of protecting domestic production, Trump just handed a big old victory to Google Meta Amazon. You know, the companies who’ve basically written the book on tax avoidance. So, what’s really going on for the American people? Well, nothing good. They’re still paying taxes, still getting hit with higher prices on imported goods thanks to retaliatory tariffs from Canada. And small businesses, they’re getting crushed by big tech right here at home. Because unlike Silicon Valley’s billionaires, they can’t afford to hire a 100 lawyers to funnel profits into Bermuda. Big win for Silicon Valley. Tough luck for the rest of us. Doesn’t it hurt? While Trump proudly claims he’s defending America, it’s the American taxpayer who’s really doing the heavy lifting, defending big tech’s massive profits. Let’s talk numbers. According to the Fair Tax Foundation, the Silicon 6, Amazon, Meta, Google, Apple, Microsoft, Netflix rad in $2.5 trillion in profits over the last decade. And how much did they pay in taxes? Just 18.8%. Meanwhile, the average corporate tax rate in the US is nearly 30% and globally it’s over 25%. That’s right, they’ve avoided paying 150 to $250 billion in taxes. taxes that could have gone toward building hospitals, schools, and infrastructure for Americans who need it most. Then Canada, trying to level the playing field, proposes a 3% digital services tax, a small chunk to reclaim some fairness, about $7.2 billion CAD. What does Trump do? He shuts it down, forces Canada to cancel it. Now big tech pays nothing in Canada while American taxpayers are stuck footing the bill for all the infrastructure laws and utilities those corporations exploit. Big tech wins. Americans, they’re still paying the price. So, do you think Canada will stay scared of Trump forever? Well, here’s where it gets darkly funny. If the Biden administration or any other president takes over after Trump, Canada might just say, “Well, now that the pressure is off,” and pass the digital services tax, DST, immediately. Heck, they might even slap on some interest for the delay. Here’s the kicker. Canada could team up with the EU, create a collective digital tax front, and make sure they’re not the lone target of a US retaliation. While the US has just obliterated its own fair negotiation process, Trump may be celebrating today. But what he’s really done is set up a ticking time bomb for tomorrow. When that explosion happens, it’s not just going to be Canada that wins. Europe, Asia, anywhere tired of US bullying will jump on board. And when that day comes, big tech won’t be dodging taxes anymore. Who will be left to clean up the mess? That’s right, the American taxpayer. I don’t think I’ll need to. Donald Trump’s cold statement when asked about extending tariffs on allies. A seemingly trivial remark, but it exposes his lethal arrogance, serving as the catalyst for pushing America’s closest ally, Canada, out of Washington’s embrace. Ironically, the America first policy seems to have ended with the US losing on its own turf as Canada’s oil quietly flows toward their strategic rival, China. In a recent interview, when asked about extending the July 9th tariff deadline, Trump casually responded to Maria Bartiromo of Fox News, “I don’t think I’ll need to.” Like an emperor granting a favor, he added, “I could. No big deal.” In just a few words, the essence of the America first foreign policy was laid bare, a mix of unpredictable threats and blatant disregard for allies. Trump likely believed this was high level negotiation, a tactic to force other nations to bend. But things didn’t unfold as he expected. The US Canada relationship built on decades of trust and shared interests became the first casualty of Trump’s doctrine. Instead of nurturing the alliance, Trump treated Canada as a challenger to be corrected. His talk of making Canada the 51st state and imposing sky-high tariffs pushed the northern neighbor to seek an escape route. And that route was made of steel stretching thousands of miles to the Pacific coast. Pressed into a corner, Canada responded. The controversial Trans Mountain pipeline expansion, once just an infrastructure project, became a national strategy. The goal of TMX was clear and unapologetic to transport crude oil from Alberta to the Pacific coast, providing Canadian producers with direct access to Asian markets. In other words, TMX was a means to break free from the almost total dependence on the US market. A dependence that became a burden and a national security risk under Trump. When it was complete, the first to show interest wasn’t just anyone. It was China, America’s number one strategic rival. Reports from routers in the Institute for Energy Research, IER, confirmed an undeniable truth. China quickly became the top buyer of Canadian oil, surpassing the US for crude flowing through the Trans Mountain pipeline. The expanded pipeline began operations in May 2024 with its capacity tripling to 890,000 barrels per day, equivalent to the Keystone Excel pipeline. Previously, the US Midwest was the primary market for Canadian oil, importing 90% or around 4 million barrels per day via North South pipelines from Alberta’s oil production heartland. Now, China had ramped up its oil transport through Trans Mountain to an average of 207,000 barrels per day. Since the pipeline expansion, Canada’s oil exports to countries outside the US surged nearly 60%. Reaching a record 183,000 barrels per day in 2024. This is the ultimate irony, a geopolitical farce so absurd it’s hard to believe. While Trump loudly proclaims on social media about being tough on China and imposing tariffs to contain Beijing, his own policies have handed China a priceless strategic gift. With its insatiable demand for energy to fuel its economy, China found a stable, secure source from a G7 nation with a border stretching to its rival. They didn’t need complex diplomacy or economic pressure. They just waited for Trump’s shortsightedness to do the job for them. What makes this failure even more bitter is the reality behind Trump’s rhetoric. He constantly boasted about making America energy independent. But as the CEO of Cineis Energy, one of Canada’s largest oil producers, bluntly told Routers, the US remains heavily reliant on Canadian oil. US refineries, especially in the Midwest, are specifically designed to process Canada’s heavy crude. they can’t easily transition to other sources. In short, this tragic comedy, Trump successfully pushed away an ally, forcing Canada to hand over its strategic oil reserves to China while the US still bitterly depends on it. This isn’t negotiation. It’s a geopolitical self-inflicted wound. A move that didn’t make America great, but instead isolated it and inadvertently strengthened the very enemy he sought to defeat. Trump’s I don’t think I’ll need to now sounds like a self-fulfilling prophecy. He didn’t need to extend the deadline because his actions pushed allies to seek deals elsewhere to find new partners and new futures where America is no longer the center. In the end, the cost isn’t just the lost barrels of oil. It’s the diminished credibility, the loss of a strategic ally, and an indefensible failure on America’s own doorstep. 104% import tariff. Mr. After Trump pushes US, China into the most dangerous economic confrontation, 104% import tariff. Over 700 billion vanished in a single trading session. China tightens control on rare metals. Is this the final line in the US China relationship? The US strikes first. From the very beginning of the year, the White House leader launched a series of bold measures. February 10% tariff. March another 10%. Then just a week ago, a sudden jump to 34%. Now the 47th president threatens a further 50% hike. In total, US tariffs on Chinese goods could hit a staggering 104%. An unthinkable number. Imagine this. A $20 toy now $40. a $400 iPhone now $800. A car, the price could jump by $6,000 to $12,000 per vehicle. The American leader insists this is a punishment for Beijing, especially as China has responded with its own tariffs. But is this a win for Washington or a lever that could unleash global chaos? China hits back. China didn’t stay silent. Beijing immediately imposed a 34% tariff on all US goods. But that’s just the tip of the iceberg. The real strike lies in supply. China announced restrictions on rare earth exports. Materials considered the lifeblood of modern technology. They control up to 90% of the global supply. Elements like distrosium, turbium or neodymium while unfamiliar are the key to manufacturing electric vehicle batteries, military radars, semiconductors and night vision devices. Starting this month, US companies wanting these materials, they must apply for a license. And approval isn’t easy. Analysts are calling this a disguised export ban. global fallout. So what are the consequences? Just one night after Washington’s threat, Asian stock markets went into freefall. Hong Kong’s Hang Sang index plunged over 13%. The sharpest drop in nearly three decades. Shanghai composite tumbled over 7%, wiping out $500 billion in market value. And it didn’t stop there. US markets felt the shock waves, too. Wall Street dropped between 10 to 15% within days. Investors rushed to exit. Hedge funds moved to gold and treasuries. One expert called this a shock therapy that could kill the patient. A dangerous game. The two superpowers are now locked in a game of who blinks first. But unlike a typical standoff, this time the entire global economy is standing on the sidelines and trembling. When the two largest economies in the world slap tariffs so high they nearly form a trade embargo. An endless fight. The real issue here. What is the true goal of the US leadership? To raise revenue for the country to force companies back into domestic production or just a psychological move to gain advantage in unrelated negotiations? Meanwhile, Beijing accuses Washington’s tariff policies of economic abuse, violating global trade principles, and threatening the world economic order. Each side holds its ground, but the gap between them is now turned into a deep abise. Don’t look away if you don’t want to miss the biggest economic turning point of this century.

Trump GOES NUTS as Japan QUITS U.S. Auto Market of Trump’s Tariffs – $60B U.S. Disappear

In this video, we explore the fallout of President Trump’s latest tariff war with Japan, focusing on the devastating impact of a 25% tariff on Japanese cars. With the American auto industry already facing a crisis, this new policy threatens to collapse entire local economies and disrupt the U.S. supply chain, including Toyota, Honda, and Nissan, who produce millions of cars in the U.S.

We also break down the critical consequences: higher car prices for American consumers, potential job losses in key states, and the risk of angering one of the U.S.’s biggest creditors—Japan, who holds over 1 trillion USD in U.S. Treasury bonds.

What does this mean for the U.S. economy and its trade alliances? Is this a strategic move or a reckless gamble? Watch now to see the potential ramifications of this dangerous tariff policy and the challenges it creates for America’s workers and consumers.
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