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© (c) Copyright Thomson Reuters 2017.Aso says he wants to discuss rules for free trade with U.S.
By Stanley White TOKYO©2022 GPlusMedia Inc.
8 Comments
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Cricky
He is awake on its own that's news.
BaltanSeijin84
I suppose you first need to know what the rules are so you can then figure out how to break them.
Aly Rustom
So true. This guy is never awake in the diet sessions LOL.
Yep
Pukey2
Either that or he's laughing at an imaginary friend sitting opposite him.
mr_jgb
Basically the "new" US trade rules to Japan & Asia will be nicely "phrased", but objectives are:
Japanese & Asian factories in US cannot be assembly plants but almost all parts must be sourced within USA. Yen, Yuan, Won, etc have to be strong versus US Dollar so that US higher wage costs can be offset and be more competitive.Aso should know better; it will be laughter with pain for Japanese exporters.
Mr. Noidall
This guy's always sleeping when there's work to be done, laughing when there's nothing funny. I'm just waiting for him to take his own advice as it regards old people.
smithinjapan
Behind closed doors, no doubt.
wtfjapan
It will be exactly that. It doesn't matter if Trump is replaced, this is the new order of US economic policy and the sooner the 3 big mercantilist powers wake up to this fact, the easier it will be for their workforce. and China will just make those same rules apply to US companies doing business in China. Those $Trillion Boeing planes orders will have to be built in China by Chinese workers or theyll just give them to Airbus instead, same for GM, Ford Apple etc etc. There was a recent study that said a trade war with China would cost the US around 6 million jobs, China can lose those in a heart beat and the population wouldn't even flinch. But it would be political suicide for Trump. Given that the Chinese market has the greatest growth potential in the coming decades im guessing big business lobbying congress will make many of Trumps deluded policies just a dream. The US isn't the only economic gorilla in the room nowadays