In the months since, Tokyo's trade negotiators stuck to that strategy to avoid lowering barriers for imports of politically-sensitive products such as rice ahead of a dicey July 20 election, said four Japanese government sources with knowledge of the talks, who spoke on condition of anonymity. But despite showing early signs of promise, the efforts backfired spectacularly, leaving negotiators with little time and few palatable options left to avert levies set to strain the world's fourth largest economy, the sources added. After calling Japan "spoiled" in social media posts last week that accused Tokyo of reluctance to , Trump Ishiba on Monday that Washington would impose tariffs of 25% on Japanese imports from Aug. 1.
"Japan is holding on to a set of assumptions about alliances, cost-benefit calculations and grand strategy that no longer fully apply," Lizzi Lee, a fellow at the Asia Society Policy Institute's Center for China Analysis, told Nikkei Asia. "For decades, Japan's strategic posture was built on the idea that its role as America's most reliable ally in Asia, along with its massive foreign-direct-investment footprint in the U.S. and its centrality to the China-Taiwan question, would protect it from blunt trade pressure." But, she continued, "this moment shows that those assumptions are being tested in real time. The old political and economic logic, where security contributions and political alignment bought you economic indulgence, seems to carry much less weight nowadays."
"For Japan, it was like a penalty," Nomura's Kiuchi added. Trump has been complaining that T.
For Trump, Japan and South Korea are apparently easier to deal with than China, a country that is capable of causing crippling damage to the U.S. with restrictions on its supply of rare earth minerals and magnets needed by U.S. manufacturers.
The funny thing is:
Sorry i diasgree. Trump ks a known idiot who doesnt know much about world affairs as such. He jas shown thag many times..so his rant about a toothless organisation as BRICS is yet another proof of his ignorance on international issues.It's far from useless and tbh I feel more confident in BRICS now than a did before. Some of you folks want an alliance that will just stand up to the US immediately without thinking of the short term consequences. Trump may be a buffoon but he clearly sees something you guys aren't seeing.
Your view is a short sighted one if you looking for policy that BRICS countries have commonly adopted. It's not about that, it's about countries slowly coming together which is starting to happen. BRICS still hasn't got the critical mass needed to make the kind of policy that will be 'impactful'. It's like saying nuclear weapons are useless because no one uses it.Sorry i diasgree. Trump ks a known idiot who doesnt know much about world affairs as such. He jas shown thag many times..so his rant about a toothless organisation as BRICS is yet another proof of his ignorance on international issues.
Name me one major policy commitment BRICS countries have commonly adopted Which is impacful? Lol.
To be honest, Brics is just an informal organisation with no common institutions, and with members that do not even share the same views on key geopolitical challenges. Lol . some people often joke that Brics resembles a gathering of five or more individuals sitting in front of a convenience store, engaged in discussions about politics and life over a few drinks. Lmao. Lol. As mich as we might not like it, have to be realistic and agree with this statement.
Until they adopt major common policies likeUS led western groupings then it will remain a bar like shop gathering. Lol
...Trump says pharmaceutical tariffs could reach 200%
Pharmaceuticals are one of Australia's largest exports to the US, with about $2.2 billion in pharmaceutical products exported to the US last year.
Ireland's exports are $10 billion a year, if we get hit with 200%, it will really hurt our economyThe US is planning to tariff pharmaceuticals? Bro... guess which country is the best in pharmacy. Come on![]()
LOL Americans coming back from China at US customs be like, "What? These are TikTaks! It's just candy! I really like candy so I got 200 cases! All the seals are opened cus I ate one from every pack to make sure it's good! Is that illegal?"The US is planning to tariff pharmaceuticals? Bro... guess which country is the best in pharmacy. Come on![]()