How so? The US versions of the Honda Accord and Toyota Camry are made here. I think the Japanese would like our good cars (Cadillac V Series, Corvette and Mustang). Maybe smaller pickups like the Ford Maverick.
Trump implements tariffs lower than initially threatened, and it's always a TACO? It's called negotiating. When you sell a house, do you list it for the absolute minimum amount for which your willing to dump it? No you list it for $700K, the buyer offers $650K and you negotiate somewhere in between (excluding 2021 where cash offers above asking were the norm).
The US auto industry is paying a 50% tariff on imported copper, steel and aluminum. Tariffs on Japanese Autos will be cut from 27.5% to 15%. Vehicles made in Japan pay no tariffs on copper, steel and aluminum. So, if you want to help the US auto manufacturers, this is not the way to do it. It may end up being cheaper to make vehicles in Japan and avoid the tariffs on raw materials and eat the 15% tariff when exporting to the US.
People in Japan do not buy US vehicles because gas prices in Japan are high. Most people drive small vehicles many of which are not even sold in the US, like the Nissan Note and Toyota Sienta. The top imports in Japan are German vehicles. Oddly, Jeeps are one of the most popular US made vehicles in Japan. But US vehicles are rare as they are generally too big, guzzle too much gas and are seen as being poorly made and unreliable by Japanese people.
And a 15% across the board tariff on Japanese goods is not a victory for US consumers or US manufacturing. It is not enough to cause a shift in manufacturing from Japan to the US or to protect the US from dumping. It will just end up being inflationary as Japanese goods will slowly rise in prices to claw back the losses incurred in reducing prices to keep from having inventory pile up under Trump's tariffs.
Japan still makes two great things: the insanely relliable/repairable/durable Honda and Toyota motorcars, and the Sony Playstation series of video game consoles.
In the 1980s, people often joked that Japan was going to rule the world with its mighty economy. Even though its products were mainly ripoffs of US tech progress, they were just better at making and selling stuff. They were the early leader in VCRs, digital cameras, personal audio players, many things.
Then here came the Koreans and the Chinese with their LG phones and their massively cheaper generic stuff and it was game over.
LOL - You forgot about a dozen other things.
I forgot the Samsung portable computer telephone, which cemented Korea at the top of the consumer tech market. And Taiwan as the semiconductor manufacturing powerhouse.
US Deep State still gnashing its teeth about why it allowed Taiwan to corner the advanced chip market, being legally a part of China and China can take it back whenever it wants.
The posters going on about co-prosperity spheres fail to notice the Chinese don't like Japan. Not one bit! And China's regional dominance is unstoppable.
All I really care about is the Hondas and Toyotas, we will still have those
I forgot the Samsung portable computer telephone, which cemented Korea at the top of the consumer tech market. And Taiwan as the semiconductor manufacturing powerhouse.
US Deep State still gnashing its teeth about why it allowed Taiwan to corner the advanced chip market, being legally a part of China and China can take it back whenever it wants.
The posters going on about co-prosperity spheres fail to notice the Chinese don't like Japan. Not one bit! And China's regional dominance is unstoppable.
All I really care about is the Hondas and Toyotas, we will still have those
Semi Mfg Eq is so complicates and expensive mfgs pay a small sum up front then very high royalties per wafer. Taiwan, Korea, USA, Eur: 85% of Semi Eq is Japanese, 10% Dutch, 5% US. Thus one way or the other it's a windfall for Japan Semi!
How much of that investment would have happened anyway, and over how many years will it be spread? Trump usually exaggerates (or lies) about these things, and the "at my direction" in his statement looks really questionable - there's no way the Japanese are letting Trump tell Japanese companies what to invest in or how much to invest.
It's amusing that you think the F150 will be competing with Camrys and Accords...
The Japanese trucks they'll actually be competing with aren't getting the 30mpg you seem to think...
Japanese pickups absolutely blow away American trucks. Beds with low loading heights, completely flat floor (no wheel wells), fold-down sides, optional factory dump/side tilt/scissor lift. You can get a super cheap, tiny Kei truck for yard work that has the same 6.5' bed as the typical F-150. Or you can get a full size truck that has a massive 12.5' bed and blows away the F-350 in payload capacity, yet is shorter and narrower because they don't have a massive hood in the front. People here don't realize just how awful American trucks are, because the Chicken Tax keeps all the foreign competition out.
Japan still makes two great things: the insanely relliable/repairable/durable Honda and Toyota motorcars,
Not anymore. Toyota's reputation is entirely based on engines no longer available. The 4Runner, Landcruiser, Camry, none of these cars offer a simple V6 anymore. All have been replaced with inferior turbo 4 engines. Good luck having them last 350k miles.
It's no surprise that used Toyotas are often more expensive than brand new ones.
Toyota bought into the downsizing, believing that Biden would win the election and CAFE standards would stand. They are a thing of the past now.
Import Taxes (Tarrifs) are paid at the US port of entry by the middle man, Walmart, Target, Amazon, 7-Eleven, etc. That's a tax passed on to the US consumer.
Japanese cars will now cost about $3000 more if you want to buy one, and American car companies say Trump's new deal helps Japan and hurts American manufacturing. That's right, Trump just taxed American car buyers another $3000. Trump negotiates another loss for America and calls it a win. "We have always been at war with Eastasia." That's satire for those who understand the reference.
U.S. automakers worry that President Donald Trump's agreement to tariff Japanese vehicles at 15% would put them at a competitive disadvantage, saying they will face steeper import taxes on steel, aluminum and parts than their...
Japanese cars will now cost about $3000 more if you want to buy one, and American car companies say Trump's new deal helps Japan and hurts American manufacturing. That's right, Trump just taxed American car buyers another $3000. Trump negotiates another loss for America and calls it a win. "We have always been at war with Eastasia." That's satire for those who understand the reference.
That's the retro Colonial-Occupational model from the Huns 300AD, Mongols 1300AD. It worked for 300 years then faded out. The US lost the Manifest-Destiny aka Colonial-Occupational wars to Asia at the Fall of Saigon in April of 1975 when the US Army was routed by the Viet Cong and North Vietnamese Army leaving 15,000 US soldiers to rot in the jungle.
