Japan likely to increase import tariffs on frozen U.S. beef to 50% – Japan Today…yes, there is no ‘free trade’ there is ONE WAY trade with nearly all our fake allies. There is nary a peep in our fake mainstream news about this, too. Japan is not an ‘ally’, Japan is a rapacious trade rival. We have to punish Japan for this attack on free trade. Will Trump stick to his guns?
Europe is whining about the US Congress trade embargo on Russia. Good! They want WWIII why are they whining about it? They hate Trump and cheer anyone who defies him so Congress is egged into defying Trump and preventing diplomacy with Russia so Europe gets to be destroyed by WWIII and ditto in spades for Japan.
Japan is likely to impose emergency tariffs on frozen beef from the United States starting next month in response to a spike in imports, a government source said Wednesday.
We have run trade deficits with Japan for the last 70 years. The Japanese are furious if it is even slightly reduced. Ditto, Germany and a lot of our fake allies. They want us in debt to them all while protecting them from Russia and China.
The measure, designed to protect domestic farmers from sudden increases in imports, would remain in place until March 2018, raising tariffs from the current 38.5% to 50%, the source said.
The US should immediately put a 50% tariff on all Japanese trade.
Japan responded in a similar manner to a jump in U.S. beef imports between August 2003 and March 2004.
Note how Bush Jr did nothing.
The government will make a final decision when it confirms an import surge in its trade statistics for June, to be released by the Finance Ministry on Friday.
So, we have time to declare a trade war with Japan. Good. I hope Trump does this.
The move comes ahead of a high-level economic dialogue between Japanese Deputy Prime Minister Taro Aso and U.S. Vice President Mike Pence being arranged for later this year.