Trump Having Trouble Concluding Tiny Trade Deal With Japan

Smityuk Yuri/TASS via ZUMA

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Japan has kept a very low profile vis-a-vis Donald Trump, in hopes that they could escape his wrath and maybe even cut a small trade deal. And they have! But there’s a hitch from President Deals:

For more than a year, Trump has threatened to slap tariffs on automobiles imported to the United States from Japan and Europe. He has said that Japan, for example, should make it cheaper for U.S. companies to send cars there, but an agreement has never been reached….The president last month said he had no plans “at this moment” to hit Japan with the controversial import taxes, but added: “It’s something I could do at a later date if I wanted to.”

Reasonably enough, Japan doesn’t want to conclude an agreement in other areas only to turn around and see that Trump decided one morning to destroy the Japanese car industry with 25 percent tariffs. So for the moment we’re at something of an impasse. Trump may not be very good at trade deals, but he’s an absolute master at those.

HERE ARE THE FACTS:

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ONE MORE QUICK THING:

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As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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