The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© KYODOTrump's victory raises prospect of trade war impacting Japan, other U.S. allies
By Takuya Karube WASHINGTON©2024 GPlusMedia Inc.
85 Comments
Login to comment
marc laden
Still you people singing the same parody.. your lies did not pass.. Trump is a racist ( according to you) but he got 10 points more support from black people and 25 points more leads and Asians 30 points up..
Do a fair journalism ...
kurisupisu
.
Which translated means:
”We thought that we could leverage cheap labor in China (to our benefit) instead of investing in the US where the consumers are-we screwed up”
Justin Case
marc, you won. Get over it!
Peter Neil
trade surpluses or deficits are a useless metric. money goes out to pay for products, then money comes in domestically when sold at a profit.
and the u.s. is not in low unemployment. the stats are skewed for political reasons. people are dropped from the count after 6 months, but are not working. try to get a job now - good luck. graduating college students who can’t get jobs are not counted in the numbers.
40-50% of new jobs added to the stats are fake jobs, jobs they don’t exist. companies report them, but have no intention of hiring. one reason is to falsely appear to be expanding to keep the stock price up or get financing.
no one knows about what will happen with tariffs, except 20% on all imports would be great if your goal is high inflation. virtually no companies returned manufacturing to the u.s. with the current tariffs, which were a major contribution to the inflation of the last few years.
deanzaZZR
It's time for PM Ishiba to fly out to Florida and grovel. The last thing the Japanese economy needs are increased tariffs in the USA.
Fighto!
Republican or Democrat, the bottom line is people should NOT be buying things like Apple iPhones and TVs etc IF they are made in China. I hope the 60% tariff on these types of things (which was a bi-partisan policy) is swift and cripples US-China trade both ways, and those who seek to profit from it.
As for the 20% tariffs on Japanese goods? I believe concessions will be made (if they ever do kick in) in light of the fact that Japanese companies employ hundreds of thousands of Americans.
Sanjinosebleed
Yep pretty funny at this stage to see the dem supporters losing their minds...one this is for certain Trump isn't predictable which is good and bad. If he and Elon can really start getting on top of US debt and spending they may just postpone the US fast approaching melt down for another few decades.
I'll be happier with trade wars as opposed to real wars under Trump if he can pull that off as well!
u_s__reamer
When the country implodes in four years, you won't find many who will admit voting for him, like "nobody" voted for Brexit in the UK or, in Germany after May 1945, for that Austrian chap.
Peter Neil
1.2 million.
Alfie Noakes
The US election result is proof that there are consequences in the real world for arming, funding, training and supporting a genocide.
Harris ran the worst campaign I've ever seen by any candidate from a major political party - it was just a copy paste of Clinton 2016, except with added genocide and Cheneys, themselves murderous barbarians. Harris and Biden should be the subject of a citizens arrest and taken in chains to the Hague to stand trial for crimes against humanity, alongside the Obamas, Clintons, Cheneys et al. Hopefully we will never hear from any of them again.
Whoever thought it was a good idea to send out Bill Clinton to tell Arab-Americans their relatives in Gaza deserved to die should be strapped to one of Musk's rockets and fired into the sun.
No fan of Trump or the disturbing people behind him so I won't be celebrating his win, but I'm certainly happy the grotesque Harris and the repulsive Democrats lost.
asdfgtr
Trump loves China. His "Trump Bibles" are made there.
Trump’s administration chose to exempt Bibles from tariffs imposed on billions of dollars of Chinese goods.
https://www.ap.org/news-highlights/best-of-the-week/second-winner/2024/ap-traces-the-printing-of-trumps-god-bless-america-bibles-to-the-country-he-accuses-of-stealing-american-jobs-china/
dbsaiya
Someone had better remind trump that Japan holds approximately $1.1 trillion in U.S. Treasury securities, and China holds around $800 billion to $900 billion. Not smart to be throwing rocks at people who hold your debt.
Mike_Oxlong
The mod(s) can be as butthurt as they want.
Aly Rustom
Alfie Noakes- this is hands down the best post I have read in a very very long time.
Jay
Trump’s election win is a triumph not just for hardworking Americans of every background, but for anyone who values strength, fairness, and putting country first. This victory sends a clear message to those who want to weaken the United States and to those who undermine their allies - especially China and its forever-ruling Communist Party. With Trump back, Western-style democracy can finally stand strong against the CCP’s ambitions and manipulation on the world stage.
For Japan, Trump’s leadership is a huge win. Japan has long been one of the US's most reliable allies, and under Trump’s policies, it will stay that way. Trump respects Japan’s efforts to strengthen its own defense, promote its own interests, and maintain sovereignty in Asia. With him in charge, Japan can trust that the U.S. will be a steadfast partner, working to secure stability and counter China’s growing influence in the region.
Under Trump, the days of weak Democrat policies that allowed the CCP to expand unchecked are over. He’s shown time and time again that he won’t bow to China’s threats or economic games. For too long, Far Left policies empowered the CCP, giving them an open invitation to take advantage of American jobs and technology. But with Trump, the US can reclaim their industries and building partnerships with nations that value true sovereignty - like Japan. This election isn’t just a win for Americans; it’s a win for anyone who is against the CCP.
PTownsend
And to the US economy, but Trump has convinced many US Americans, among them large numbers that are that are poorly educated, that the tariffs are good for them; maybe because they see tariffs as punitive, and they follow Trump in wanting to 'spank' those that disagree with big brother 'daddy' Trump. Americans deserve the government they vote in, and now they and the world have to live with a US president who has a history of bankrupting multiple businesses, plus who's a conman and liar. Democracy prevailed, thanks to Trump's billionaire backer, their media, see Musk, Murdoch, Putin etal and a poorly educated population willing to believe they might be trickled down on. Hopefully Trump and his billionaire establishment backers don't do what Trump wants which is be a 'president-for-life, which would mean the end of the republic's elements of democracy. Trump interpreters was Trump 'joking' when he said he wanted to be president for life? Was he joking when he said he wanted to create detention centers for his 'enemies within'? How much time, this time, will Trump spend playing golf at one of his global courses? Will he allow the public to know what he says in his conversations with Putin, Xi and others despots?
marc laden
does any one know who is the biggest tax payer on this planet earth? Lefttieees dont like him
https://www.youtube.com/shorts/-2x1e4FtRZc
Fighto!
Thanks for making my case even stronger.
Japanese companies - and the Japanese government - will negotiate an exemption of some type, I am pretty sure.
Geeter Mckluskie
The American public could stomach lies about Trump's golf game or crowd sizes. What they got tired of was a captured media and Big Tech continually lying about things that really matter, like vaccine efficacy or real crime numbers or even backing up and elevating fake stories like the Russian collusion hoax. All while being told again and again they're racisit, misogynistic garbage. Politicians ALL lie to serve their interests, the NEWS should be objective and balanced. It hasn't been...Perhaps your concern about lies should lie there
Chico3
There goes the country; down the toilet. If the charges against him are thrown out or he doesn't go to prison, then even more a joke.
Dr Tyrell
I think it'll be very exciting for Japan and America. We love everything Japanese including most importantly the wellbeing of the people. The products from Japan are revered front hardware to art to culture. Japan has played fair since our two nations combined forces. I doubt that'll change.
WoodyLee
Wow, Wow, Wow.
This is the ULTIMATE COMEBACK, Mr. Trump is a true fighter there is NO denying.
JJE
Real enemy is not China, which works hard, but the EU and the other freeloaders (which have actual tariffs on American goods).
Penalize them.
WoodyLee
America is SICK of Biden's wars.
WoodyLee
Congratulations Sir.
bass4funk
Liberals coined that phrase.
Yup!
Yes, they are tired of high prices and that they can't even afford the basics!
He didn't bankrupt it last time.
That is just lib madness not rooted in truth or reality whatsoever.
Yes and that how can he be President for life when we have 3 branches of government? Yes?
I think you need to take a deep breath, libs have a very vivid and wild fantasy, you will be fine, in fact, you will be much better off.
dutch
Alfie, check out the population Gaza over the years and the thousands who work in Israel every day.
wallace
Trump's win will not impact me directly probably will my American family.
kwatt
He looks like a democratic dictator. He will do all whatever he wants. He really doesn't care about international things and relationships with other countries. That's a nasty dictator.
WoodyLee
Watch this argument between American Influencer Sneako and Rabbi Shmuley at a Trump victory celebration gathering.
https://www.youtube.com/shorts/gccbpM9-igE
Sven Asai
It's only your own bad mindset that sees already a war although this man is not even officially elected by the electoral college and then comes into office. Trump isn't keen on wars, do you remember? He is a business man and keen on making deals, good deals and peaceful ones. Change the aggressive and prejudicial mindset and better become a part of such deals and peace.
bass4funk
You acted as if a Trump Presidency would personally impact you.
wallace
bass4funk
Trump's win will not impact me directly probably will my American family.
I do not agree with Trump, his lifestyle, or his policies. My opinions will not change. Not my president.
smithinjapan
Of COURSE it'll affect Japan. But, remember, Trump called Japanese leaders weak, especially compared to the leaders he loves, like Putin, Xi, and Kim. He knows that if he demands Japan order 25 more fighter jets like Abe did (that the US is no longer using), pays double for the current troops on Japanese land, and builds a few Trump hotels he might not put tariffs on Japanese cars. And Japan will do whatever he tells them because they are exactly what he said they are.
bass4funk
You're not American, so it really doesn't matter, nor does it impact you in any capacity, but yes, you think as you want.
wallace
bass4funk
I'm afraid I have to disagree with Trump, his lifestyle, or his policies. My opinions will not change. Not my president.
You don't have to be an American to post comments and opinions.
bass4funk
That is not what I said. Go back and read what I wrote.
quercetum
How does the system work? Is he is found guilty, why isn’t he arrested? Trump is too clever for your legal system.
Peter Neil
JJEToday 08:42 am JST
the u.s. is already a world leader in tariffs, especially on goods from europe.
you can look them up here: https://hts.usitc.gov/
JJE
Nice cope. No, it is.
The times are a changing.
Ricky Kaminski13
Let the dust settle and the deals begin. Let’s see what happens before we start playing to the fear and paranoias of our tail between the legs Democrat supporters who don’t know even know what hit them.
What a meek, weak statement to make to anyone. Nothing is predictable Japan, only your desire for easy , non eventful riding and expediency.
wallace
bass4funk
I'm afraid I have to disagree with Trump, his lifestyle, or his policies. My opinions will not change. Not my president.
Since you and your family live here in Japan how do you think the Trump presidency will impact Japan? Will Trump close the military bases? Will Trump impose 20% tariffs?
quercetum
In general, Japanese corporate executives dislike a strong aggressive partner and prefer a demure submissive counterpart.
This is because alpha males are rare in Japan and the weak counterpart is a necessity to compensate for the lack of strength.
In US Japan relations, most Japanese support Harris and were hoping for more an equal footing with the U.S. Trump has shattered that notion.
The U.S. will be an even bigger boss of Japan unless Ishiba goes against the grain.
8T
MAGA the next 4 years will be set up and stronger for an additional 8 years after that.
The Republican party has been transformed.
wallace
On the election results the dollar yen jumped to ¥153.4.
WoodyLee
Why should anyone vote for VP Harris, after all she is already the VP and NOTHING will change if she became the President, almost all the thing she promised are within her reach but she chose to remain SILENT.
Alan Harrison
Trump's victory raises prospect of trade war impacting Japan, other U.S. allies
There will not be a trade war. There will be fair trade.
Patricia Yarrow
Alfie Noakes @ 07:45,
Beautifully composed, and very spot on.
There is a glimmer of hope now.
PTownsend
Mr. Trump is a true fighter
Fighters do not cat-punch their way through real fights, they rely on fixers to do the dirty work for them. Trump was a reality TV star famous for saying "you're fired". but once he got to reality, had to have fixers fire people for him. He knows his base thinks they win when they 'troll the libs', that's the only thing I've seen Trump and his base do. They have nothing of consequence to back their beliefs.
Will their toilets flush better after Trump's in office? if they don't Trump and his base will blame their imaginary demons like the 'deep state', maybe a Chavez, Hillary or Obama. Cat punchers love their cat punching cult heroes like Trump, they live in a world where Marvel Comic characters are real to them after all, they think there are actual superheroes and super-villains. Start the blame for that fixed dichotomy with the Zoroastarians and their belief in a good vs evil existence.
JJE
When will it sink in. Trump has successfully rebranded the GOP for a second time. First, he finished off the Bush and Clinton dynasty. Now, Joe, Harris and Cheney have been done over. Not to mention Chuck and all the other hangers on. They are finished. Let the navel-gazing commence.
More importantly he built a coalition of young people, men and women of all races, united with a common ideal of peace, prosperity, aspiration and public decency that appealed to broad and independent spectrums and transcended anything the celebrity dems could dream up. He flipped Starr County, Texas - the most Hispanic county in America and not won by Republicans since 1892. Don't mention Miami Dade also went for him.
All the insults and invective hurled at Vance will backfire, as he has the mantle of this incredible movement going forward, and not to be underestimated, after Trump rides into the sunset with Melania.
Cephus
"Trump's victory raises prospect of trade war impacting Japan, other U.S. allies."
I will embrace trade wars anytime anywhere, but not Third World War, children deserve and need peace more than ever before.
iron man
anybody study economics. I reckon raising tariffs a further 60%, (the intent?) would cripple US industry and their abilities to export. if he adds 60% to that nation, 20% tariffs to others ... only to force them to open their doors for US involvement, I admire jpn quality, personal and industrial. I have not checked the Yen XR yet..
Wallace you said jumped, it got wrecked??
diagonalslip
by coincidence, yesterday, a(n originally) Scottish friend was writing about his time working for NEC Australia in the 90's/00's, at a high managerial level.
"This was based in Canberra, and it was always a profitable operation.
NEC had a large number of IT products and their R&D was very good.
But in traditional Japanese style, they took ages to make a decision.
That is where they lost out to a number of North American and European competitors."
Speed
Americans are going to be paying A LOT more for things if this happens. Almost everything made or sold in the US has parts from China in them. The Chinese suppliers will just charge more to the base prices to offset the tariffs imposed on their products. Americans, especially the lower educated ones who voted this guy in, are going to learn the hard way about how economics works.
Lionel Lyyn
Raising tariff does not impact foreign economies. It does impact the consumer at the end of the chain. But I guess most people voting for trump does not have common sense.
Lionel Lyyn
tokyo_m
Calling immigrants animal and vowing for mass deportation. Guess who did that in the 30-40s. Calling him a fascist is just facts.
Jind
Frankly, there are not many domestic industries in USA.
Ones that are, usually low quality and expensive.
If Trump raises tariffs on goods imported, that will raise prices of goods and have the opposite effect to the USA consumers who are suffering.
Talk about tariffs is good at elections but real time can be very expensive.
ian
Trade wars been going on for quite a while impacting everyone's lives, now it's trump's fault and doing ?
Peter Neil
for what seems like the millionth time, tariffs on Chinese goods are paid by the u.s. company importing them, not by China, then passed on to the american consumer.
prices for americans will go up for clothes, hats, everything in your kitchen, tvs and electronics, tires, furniture, appliances, most everything in walmart, costco, target, etc.
That’s one of the main reasons for high inflation these past few years.
prices will go up again even more with higher tariffs.
hey, you get what you voted for. you’ll see.
JapanJim
Fair Trade and there will be no problems! I love all this winning with Trump!
daito_hak
What a stupid comment, it’s mind blowing. iPhones are not made in China they are assembled in China. Apple is contributing to US economy and technological advance more than any other companies and the fact that they assemble in China a lot of their products in factories that they mostly finance and develop tools for is not the real issue. The issue is that China has been not fair by protecting its market against foreign products while selling their own made products at cheaper price everywhere. They can sell them at cheaper prices because of reduced development cost mostly due to stealing intellectual properties from foreign companies without any consequences.
Those two issues with China are actually not foreign to Japan. Japan continue to unfairly protect its market from foreign products while selling its products to those same foreign markets (the car industry is flagrant example of that), and Japan enjoyed during the 70s and 80s a long period where it was stealing foreign intellectual properties and produce products at lower cost.
Peter14
Trump wont last much longer and the coming Vance presidency will be less of a failure than a Trump presidency, but not but a whole lot. Trump losing his marbles before even taking office. I bet Vance is already setting up the mechanism for the takeover of power.
America back into the top three for worst leader in the world. Just lie your butt off and tell him he's awesome and doing the best job ever and other than that keep out of site until hes gone.
Trumps only relevance is how much he destroys American prestige in the world, how close he openly cozy's up to the despots of the world and how fast he destroys the democratic institutions of the US. Demanding personal loyalty to him over party and nation, as Hitler did, as Stalin did and as XI, Kim and Putin do.
The rich can look forward to less taxation and getting richer while middle and lower classes can look at paying more tax and more for everything from medication, insurance and food.
Tariff wars will see all imports cost so much more only the rich can afford them. Food, furniture, goods of all kinds. And dont go worrying about climate change, Trump will fully ignore that and the rampant runaway climate change wont worry Trump at all he's too old to care knowing hes insulated and he will be gone before long anyway. Someone else's problem.
Trump is literally an extinction level event for Americans and the world. Thanks for nothing!
Peter14
China does not pay any tariffs on its exports, the American consumer pays the tariffs on importing those goods. You still learnt nothing.
kurisupisu
America will become great again-I might move there!
kohakuebisu
The Japanese businesspeople would probably have preferred Harris because the Democrats are predictable. Awful enough to lose an election of course, but predictable. As a businessperson, you want stable business conditions.
Trump is highly unpredictable. He talks big, but its only the vagueist of pointers as to what is going to happen.
diego
Already Japan is at the bottom, yen is weak,like third world Countries same! And Japan is also the pet of USA! so anything Trump says Japan will say ok!
Five Families
On the topic of Tariffs Trump will impose.
Protecting American Jobs and Industries.One of the most prominent arguments for Trump's tariffs was that they aimed to protect American manufacturing jobs, especially in industries like steel, aluminum, and automotive. Supporters argue that by imposing tariffs on imports, it would make foreign goods more expensive and thus encourage consumers to buy American-made products, which could help revitalize domestic industries.
Leveling the Playing Field with China.Trump's tariffs, particularly those on Chinese goods, were seen as an effort to address what he (and many others) viewed as unfair trade practices by China. This included intellectual property theft, forced technology transfers, and currency manipulation. The tariffs were intended to press China into changing these practices and negotiating more favorable trade terms for the U.S.
Addressing Trade Imbalances.Another key justification for the tariffs was to correct trade imbalances, especially with countries like China. The U.S. had been running large trade deficits for years, and supporters of the tariffs believed that imposing duties on foreign imports would reduce the trade deficit by making American exports more competitive and discouraging imports.
Encouraging Fairer Trade Deals.Trump's tariff strategy was part of a broader push to renegotiate trade agreements that he viewed as unfavorable to the U.S., like NAFTA (which was replaced by the USMCA). The idea was that tariffs could serve as a leverage point, encouraging countries to agree to more balanced trade deals that would benefit American businesses and workers.
National Security Concerns.Another justification, particularly for the steel and aluminum tariffs, was national security. Trump argued that the U.S. needed a strong domestic manufacturing base for critical industries, such as defense and infrastructure, and that relying on imports for essential materials could be risky in times of geopolitical tension or war. The tariffs were framed as a way to protect America's long-term security interests.
Encouraging Domestic Investment.Tariffs were also seen as a way to encourage companies to invest more in the U.S. by making foreign-made goods less competitive. The hope was that American companies would be incentivized to build factories and create jobs in the U.S. rather than outsourcing production to lower-cost countries.
Promoting Reciprocity in TradeTrump argued that many countries were taking advantage of the U.S. by implementing high tariffs on American goods while keeping their own markets relatively open. His tariff policies were intended to force other nations to adopt more reciprocal trade practices, ensuring that American companies had a fair shot at competing in global markets.
Counteracting Globalization's Negative ImpactFor many Trump supporters, the tariffs were a way to address the negative effects of globalization, which they believe had hurt American workers by encouraging outsourcing and the loss of manufacturing jobs. By bringing back some of these industries, they hoped to reverse the decline in certain sectors and reduce economic inequality.
bass4funk
Positively, particularly when it comes to fossil fuels
No
Why?
BB
Graffiti on the bathroom wall:
Those who don't study history are doomed to repeat it.
Those who DO study history are doomed to stand by helplessly while the others repeat it.
Five Families
Will Trump close military bases?
The way the APAC region sits and the current enviorment.
The threat is greater than ever for Japan and South Korea. Guam.
Trump has committed and advocated to a larger scale of defense spending in the past.
Which could lead to a larger military budget, potentially resulting in more personnel stationed abroad. This could increase the number of soldiers, sailors, and airmen. This would be a boost for those who support the military commuinity in all aspects around the bases. Create jobs as well.
Time will tell.
wallace
bass4funkToday 03:55 pm JST
No
Why? Because Trump said he would. How will Trump's policy on fossil fuels affect Japan?
bass4funk
Maybe some, not all.
We can sell oil and gas cheaper to Japan and Other parts of Asia
wallace
bass4funkToday 04:21 pm JST
Why? Because Trump said he would.
Trump has said he will introduce 20% tariffs on all imports.
How will Trump's policy on fossil fuels affect Japan?
American Big Oil will not reduce their prices just because Trump is president.
bass4funk
And that is why he knows the art of trade and the power of negotiation
itsonlyrocknroll
Tariffs must be the "check and balance" tool to promote, if deemed necessary to enforce globally agreed treaty rules based trading.
To discourage over production, dumping, unfair trading practices etc.
Tariffs quotas must never be weaponized to promote protectionist agendas.
Globalization, long supply chains, can be a quick route/race to the bottom, child labor, wage suppression, forcing cost of living inequality, employment malpractice, a threat to open free trading.
1glenn
Japan and South Korea will have to consider purchasing or developing nuclear weapon capabilities, given the likelihood of Trump refusing to honor defense treaty obligations.
Clayton K. Char
When it comes to tariffs, as long as there is fair trade between the U.S. and Japan, there should be no concern.
However, when it comes to fair trade between the U.S. and China, there is serious concern because the China has a record of dumping their products in the U.S. market which unfair prices.
Trump is a business man and knows dumping when he sees it and he's not shy to call it out.
Alan Harrison
President Trump should, in my opinion, should impose a 775% tariff on Japanese rice imported into the USA.
deanzaZZR
Take the complaint to the World Trade Organization which the USA set up as part of its rules based international order.
proxy
Canadians hope that Trump puts the squeeze in Canada to dismember the supply managed agricultural sectors which will lower the cost of food and to finally spending 2% of GDP on defence and that he uses whatever hammer he has to, to force Trudeau to do it.
OssanAmerica
Fact check:
The average tariff on imported cars in Japan is 4.3%. The EU charges 10%
The tariff on imported cars from the U.S. is 0% because tariffs do not apply to nations like the US which have MFN status.
OssanAmerica
U.S. imported rice is dominated by Thailand, India and Vietnam. Japanese rice imports are extremely limited and support Japanese restaurants and grocery stores. Imposing such a tariff on Japanese rice would not only be economically pointless, but would be a fast way for the U.S. to lose it's Most Favored Nation status with Japan which would only harm US exporters.
NP
SPOT ON!!
It's been a while since I've looked at JT, but everytime I need a good laugh to see that T D S is alive & well,
OH and it is!!!
Thank you JT!!
nishikat
Not zero???
In terms of tariffs, Japan has none
(CNN business)
iPhone? Higher market share in Japan than the USA. Also BYD has entered the Japan market and not the US market. BYD is starting to kick Tesla's butt. Musk wants to be part of Trump's staff to prevent BYD from entering the USA.