nat4900
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- Mar 3, 2015
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The above citation is from Japan's PM Abe, describing the deal just struck between Japan and the European Union......a deal that comprises 30% of the world's GDP.
Basically, the free trade deal will have Japanese cars flooding Europe (and making U.S. cars' sale in Europe almost non-existent) .......and will allow Japan to receive European food goods, rejecting Japan's past dependence on U.S. food exports.
Most economists are wondering if this deal between Europe and Japan is an overt rejection of Trump's brand of isolationism from its allies and the imposition of high tariffs.
U.S. car manufacturers and farmers will soon feel the repercussions of Trump's ill-advised trade policies....and especially farmers who comprised a good percentage of Trump's base-support. will soon have to review their faith in Trump policies versus their declining profits.
Lost "customers" are very difficult to lure back.
The E.U.-Japan Trade Deal: What’s in It and Why It Matters
Basically, the free trade deal will have Japanese cars flooding Europe (and making U.S. cars' sale in Europe almost non-existent) .......and will allow Japan to receive European food goods, rejecting Japan's past dependence on U.S. food exports.
Most economists are wondering if this deal between Europe and Japan is an overt rejection of Trump's brand of isolationism from its allies and the imposition of high tariffs.
U.S. car manufacturers and farmers will soon feel the repercussions of Trump's ill-advised trade policies....and especially farmers who comprised a good percentage of Trump's base-support. will soon have to review their faith in Trump policies versus their declining profits.
Lost "customers" are very difficult to lure back.
The E.U.-Japan Trade Deal: What’s in It and Why It Matters