11/29/2024

Trump will go after Japan and China in tariffs

 Japan is getting worse economically. The weakening Yen is a big problem as Japan has to import most of its oil. Adding to its problem is the expected shrinkage of Japan's exports to the USA which will get worse under Trump. Trump's intention to add tariffs on goods from every country, friend or foe is going to affect Japan and China most of all.

Japanese goods are expensive for competing in the Global South countries anyway and can only sell well in the USA and EU market, its biggest. Escalating tariffs will hit Japan hard. But Trump is not going to care. It is always USA first under Trump. Japan can continue to avoid by building more factories in the USA. But relying only on the USA market is not the way forward.

Chinese goods are cheaper for the Global South and China may be affected by Trump's tariffs, but not on the scale of Japan, as there is the Global South for China to exploit.

Japan will end up like the EU. Being an enemy of the USA is dangerous, being its friend is fatal. Time for Japan to find out the hard way.

Anonymous

2 comments:

Anonymous said...

Biden forced the EU to de-industrialize. Trump is doing the same to Japan and soon South Korea as well. Soon, the competition will be just between USA and China only. No EU, no Japan and no South Korea.

But rest assured, the Western media will begin to ask questions like 'Can China win' or 'Will China win' or 'How will China do to win' as if the USA is sure to win. The same modus operandi that pro-Western journalist often like to use when interviewing people by asking a negative question to set the tone.

Anonymous said...

With genius Trump in the White House, winning would be so easy. And Trump is supported by a team of garbage to make things better. America will be great again.