Il Giappone cede alle richieste di Trump? Questo accordo cambia tutto
It is hard to see the deal as anything other than a complete capitulation by Japan. The fact that the US Japan deal announced this week follows the same pattern shows I was wrong. Less than two months ago, Prime Minister Shigeru Yoshiba had promised Japanese voters that he would not settle for anything less than zero tariff. This week he accepted a 15% of US tariff and agreed to an investment of $550 billion in the US not only to be directed by the US government but 90% of the profit will go to the US government. It is hard to see the deal as anything other than a complete capitulation by Japan. If the US gets 90% of the profit, it means Japan has only the downside if the investments go bad. Can Japan even count on getting its principle back? I can’t help but to wonder. What this means is that what Yeshua agreed to is a 25% tax for the privilege of continual access to the US market. This was a major victory for Trump. There’s nothing beating around the Bush about
Japan just agreed to a 15% tariff and a $550B U.S.-directed investment—where 90% of the profits go to the U.S. A far cry from Ishiba’s promise of “zero tariffs.” Is this economic diplomacy or a total surrender?
#Geopolitics #TradeWar #Japan #Trump #Tariffs #Economics #USJapanDeal
2 Comments
Put the tariff aside, I think there maybe more to talk about those "handshake commitments" that Japan made.
Per The Japan Times, "Investment in the US is ultimately a decision of Japanese companies to make, and the $550B figure is merely a government target"
Does this "deal" seem serious to the Japan? Anyway Trump can enforce it without anything in written?
D umb move by Japan then. Most Americans have lost their purchasing power. Every cent counts for them now, so a 15% surcharge on Japanese cars might be a deal breaker for some people.