Then there’s Japan

Whatever may be said about Donald Trump, he is absolutely right to lament the one-sided trade deal with Japan.

For some reason, a load of your elected representatives (if you’re in the USA, but whatever country you are in, they are probably undertaking similar schemes and hoping you don’t notice), decided back in the late 1940s to gift Japan unfettered access to American markets, while simultaneously granting Japan the right to impose massive protective tariffs on the same types of goods travelling in the opposite direction. No wonder Japan was able to rise from defeated island nation to a huge superpower, where the imperial palace grounds in Tokyo were worth more than the whole of New York by the 1980s.

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