Trump 2.0 official thread

valysre

Junior Member
Registered Member
Trump has reached a trade deal with Japan, it looks like the US will impose a 15% blanket tariff on Japanese imports. Unclear if Japanese automobiles or steel imports are also covered by this as the automobile and steel tariffs are 25% and 50% respectively.

Japan also promised that they will invest $550 billion in the US and that Japan will open its market to US-made “Cars and Trucks, Rice and certain other Agricultural Products, and other things.”

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"Bend over and prepare to receive this red-white-blue--!"
 

delta115

Junior Member
Registered Member
Trump has reached a trade deal with Japan, it looks like the US will impose a 15% blanket tariff on Japanese imports. Unclear if Japanese automobiles or steel imports are also covered by this as the automobile and steel tariffs are 25% and 50% respectively.

Japan also promised that they will invest $550 billion in the US and that Japan will open its market to US-made “Cars and Trucks, Rice and certain other Agricultural Products, and other things.”

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I'm more surprised they didn't fold as soon as tariff announce.
 

FriedButter

Brigadier
Registered Member
Japan also promised that they will invest $550 billion in the US and that Japan will open its market to US-made “Cars and Trucks, Rice and certain other Agricultural Products, and other things.”

There is a very important thing Politico left out of the article.

Japan “invests” $550 billion dollars but only receives 10% of the money. Maybe they will recoup their investments by the year 2200.

Japan would invest $550 billion in the United States and the U.S. would “receive 90% of the Profits.

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MortyandRick

Senior Member
Registered Member
Trump has reached a trade deal with Japan, it looks like the US will impose a 15% blanket tariff on Japanese imports. Unclear if Japanese automobiles or steel imports are also covered by this as the automobile and steel tariffs are 25% and 50% respectively.

Japan also promised that they will invest $550 billion in the US and that Japan will open its market to US-made “Cars and Trucks, Rice and certain other Agricultural Products, and other things.”

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I'm not an economist or a financial guy by any means But Japan has no tariffs on US cars. US made cars are just not competitive and it's too big for Japanese roads and it's LHD not RHD.
How will they force japan to buy more US vehicles?
Japanese vehicles will be more expensive but then US auto makers will increase the prices of their own cars to match.

Additionally wouldn't a blanket tariff on Japanese goods also make it more expensive to manufacture in the US to export to other countries since they need to pay more for Japanese sub components. They can buy less Japanese substitutes and use US made sub components but there's a reason why those US sub components were not used initially?

This just decreases Japanese exports to the US. Hurts japan economy more in the long run.

I do have to applaud trump for managing to squeeze these concessions out of allies. But is it really the best way to bring manufacturing back to the US?

China didn't become a manufacturing powerhouse just by tariffs alone, they did massive infrastructure investment, ToT, education etc. Tariffs were only a small part of chinas plan.
 

AssassinsMace

Lieutenant General
Apparently Howard Lutnick wants to push to China to increase consumer spending so that the US can sell more products to the Chinese as a part of negotiations while moving manufacturing back to the US. And what does China get...? Also Lutnick seems to want to dictate to China about energy policy. It could be all about how the West doesn't like China importing Russian oil and telling the Chinese not to do it but it also comes around talk in general of AI energy consumption and how China now produces double the electricity the US does. Are they going to order China to stop their over-production giving China an unfair edge? I actually saw a video where there was a spin that the US being behind China was actually showing how efficient the US has become with energy because remember before when the US was number one in electricity production, it was one of those tea-leaf readings saying the US economy was doing well. But now that the US is no longer number one, it doesn't mean anything anymore.

It shouldn't be surprising because so far all of Trump's dealings with other countries seems to be only what the US gets. Since Trump is threatening to slap a 100% tariff on China for doing business with Russia is the US going to cry China broke their end of the deal when rare earths sales stop to the US again?
 

Wrought

Senior Member
Registered Member

Yes, it was widely reported at the time. Old news by now.

Trump wrote on social media that the hour-and-a-half conversation was primarily focused on trade and had "resulted in a very positive conclusion for both countries".

"He invited me to China and I invited him here," Trump said of the call with Xi while meeting German Chancellor Friedrich Merz in the Oval Office.

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