The US won a trade war against Japan. But China is a whole new ball game | Analysis by jgriffiths
Hong Kong As President Donald Trump lands in Japan Saturday amid a worsening trade war with China, he could well be thinking back to a previous economic spat between Washington and an Asian economic powerhouse.
In the 1980s, Japan was the big bad. Its economy was booming — the second largest in the world — and many in the United States feared they were about to be overtaken. Articles were published warning of the"Japanning of America" or an"economic Pearl Harbor," as Japanese businesses bought US companies and landmarks.
Trump calls trade war with China 'a little squabble' 01:25Trade warAfter President Ronald Reagan took office in 1981, the United States started pressuring Japan to open its market up to American companies and reduce the trade imbalance between the countries. While Japan agreed to measures including a limit on the number of cars it exported to the United States, panic over Japanese trade power grew — and lawmakers on both sides demanded action.
Why the US is making an example out of China's Huawei 01:48Competing lessonsSome of Trump's first forays into politics involved railing against Japan during the 1980s and early 1990s. During that time, he started calling for the use of tariffs as a trade weapon. While he has not referenced the historical US-Japan relationship during the recent China conflict, Washington's success against Tokyo could influence his thinking on how to handle Beijing.
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