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
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