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 Japan Trade Tariffs

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Join date : 2013-02-27

PostSubject: Japan Trade Tariffs   April 16th 2013, 11:36 am

US, Japan trade talks could see scrapping of car and truck tariffs

Are the Japanese manufacturers about to get a leg up on the Big 3? If tariffs against Japan are dropped, we could potentially see more trucks here such as the Toyota Hilux or Mitsubishi Triton, which would be a good thing for consumers. But it could be detrimental to the US manufacturers and result in another heavy blow to our economy. How will this play out?


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PostSubject: Re: Japan Trade Tariffs   April 16th 2013, 3:58 pm

It should be interesting. On the consumer side, it always pisses me off when local manufacturers hide behind tariffs and refuse to give consumers what they want. I'm all for it if it opens up smaller, fuel efficient, pickups especially with diesel power plants.

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PostSubject: Re: Japan Trade Tariffs   April 16th 2013, 8:35 pm

Competition is good for everyone. Tariffs are good to an extent, but it also allows the Big 3 to produce inferior products.

Don't believe everything you read on the internet- George Washington.
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Charlie in TX


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PostSubject: Re: Japan Trade Tariffs   April 17th 2013, 10:49 am

Sometimes competition is good. Free and open competition should be allowed by our government from 'similar' countries. By similar I mean similar pay for employees, similar EPA standards. Competition for the US should come from Canada, Japan, Australia, most of Europe. We should not have free trade with Mexico, China, India, etc.
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PostSubject: Re: Japan Trade Tariffs   April 17th 2013, 8:03 pm

The Japan central bank just a couple weeks ago started a movement to inject $1.4 Trillion in stimulus in the domestic economy. This will only go to hurt domestic Japan, while protecting the huge manufacturing and technology exports. Big business wins, the middle class loses.

Whether an official tariff, or a devaluation of the Yen, the result is the same. Keep other countries out of Japan, and help Japanese manufacturing exports.


This will hurt the US domestic automotive industry, especially after the last 5 days with the Fed naked short selling Gold to protect the dollar value from the $85 billion a month they are pumping into the securities market. Most of this injection is contained within the securities market, however when these paper assets start to hemorrhage, look out.
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