How Japan launched Trump’s 40 -year love affair with tariff

When Donald Trump’s luck took a slowdown in the 90s and he needed to raise cash rapidly, he sent his 282 feet (85 meters) suit, Trump Rajkumari to Asia, hoping that he is the rich of Japan Can attract people.

This was not the first time the businessman searched for Japanese buyers or lenders for his projects.

In the world of New York Real Estate, Trump had a seat from his fifth Avenue Gaganchumbi building in the 80s, including Tram in the 80s, including the Rockfeller Center in the 80s, including the Rockfeller Center in the 80s.

This was when the trade and US relations with their associates of the US were formed, and their determination on tariffs, one tax on imports, began.

“He had a tremendous resentment for Japan,” says Barbara Race, a former executive vice -president of the Trump organization.

She says that Japanese traders were seen as genius. He felt that the US was not getting enough in return for the assistance of its colleague Japan with military defense.

Trump often complained that he had difficulty in dealing with large groups of Japanese traders.

“I am tired to see other countries out of the United States.”

Trump quotes could have been drawn since 2016, but it is actually from the late 80s when he made an appearance on CNN’s Larry King Live, around the time when he first form a potential presidential candidate form I had flew my name.

By sharing his commercial philosophy in his 1987 book The Art of the Deal, Tram went to a scathing against America’s trade policies in national interviews.

In an animated interview with the Opra Winfrey before the live studio audience at the Opara show, he said that he would handle the foreign policy differently by creating the country’s colleagues “pay their right part”.

He said that when Japan was “dumping” in the US market, there was no free trade, but “impossible to do business there was made there.

Jennifer Miller, an associate professor in history at Dartmouth College, said others shared their concerns about the economy at that time.

Japan provided competition for American manufacturing, especially in consumer electronics and cars. As American factory shuttering and new Japanese brands entered the market, Pandit was talking about Japan that he was crossing America as the world’s leading economy.

“Trump is symbolic of many people, who questioned the American leadership in the US -led international order, and whether it actually served the United States,” says Pro Miller.

Prior to his Oopra appearance, Trump spent approximately $ 100,000 to issue “open letters” in full-page advertisements in three major US newspapers.

Read in the headline: “There is nothing wrong in America’s foreign defense policy that cannot cure a little spine.”

In this, he said that Japan and other nations were taking advantage of America for decades. He claimed that “Japanese, unaffected by heavy costs to defend themselves (unless the United States will do it for free), has created a strong and vibrant economy with unprecedented surplus”.

Trump believed that these rich countries had to “tax” these rich countries.

He wrote, “The world is laughing at the politicians of America because we protect the ships that we do not do ourselves, we do not have to carry oil, which is fixed for allies, who will not help,” wrote.

According to Prof Miller, the advertisement served as a powerful introduction to Trump’s foreign policy vision. The friendly nations built over a zero-rate faith are freelorders and that the liberal internationalist approach that dominated since World War II was weak and foolish in a competitive world. The solution, he argued, was a more aggressive, conservationist business policy.

“I think this is one of the reasons that he likes the tariff very much, is he not only fit with his transaction ideology, but also with his feeling, which contained very deeply as this successful dealmaker. Is, “He said. “And the fact that tariffs can be threatened; they can be threatened in another country.”

Clide Prestovitz led the interaction with Japan as a counselor for the Commerce Secretary during the Reagan administration. A long-term critic of free-trade policies, he said that whoever was intellectually serious was Trump or at that time with his simple perspective. He argues that the President has not given a real solution to the problems he has raised.

“Tariff is a kind of showy thing that you can say, see what I did, I beat those people … So you know, you can be a difficult man. They are effective in any way or No, it is really open to discussion. “

Mr. Prestovitz believes that the real problem is then and now it is not a strategic manufacturing policy in the US despite complaining about unfair trade.

Of course, over time the possibility of Japan’s growth became calm and now it is a colleague. Instead, it is China which is the US fierce corporate contestant. This week, Trump welcomed Japan’s leading minster at the Oval office as one of his first foreign visitors.

But Donald Trump’s governing darshan is still the same when he was a young real estate developer. He still strongly believes in tariffs that other countries as a tool to open their markets and reduce trade deficit.

Michael Strain said, “He tells anyone all the time, who hears anyone, and it is true for 40 years. Economics with Conservative American Enterprise Institute.

He says that students often share Trump’s spontaneous thinking about the economy, and one of the major challenges facing professors is assuring him that his misuse is wrong.

Mr. Strain says that despite Trump’s hold on the party, with a stance that has raised decades of embracing the Republican of free trade, they do not think they assure doubtful MPs, business leaders and economists. .

Sticking points are that their idea is that foreign imports are poor, that the size of trade deficit is a useful measure of policy success or that the ideal state for the American economy is to import items only those which are physically America Can not be made in.

MR Strain believes that threats to increasing tariffs on American colleagues can reduce business investment and weaken international alliances.

Joseph Lavorgana, a chief economist of the National Economic Council during Trump’s first term, believes that Tariff has been focused and not enough to understand the big picture trying to fulfill Trump.

He says that the President wants to galvanize the domestic industry in particularly high -tech manufacturing.

Administration, they explain, they feel that they can encourage more corporations to come to America using tariffs, combined with deragulation, cheap energy and low corporate taxes when the Congress is enacted.

“I think President Trump considers something that is very important, being a businessman and being translated, and this free trade is great in theory but in the real world you need fair trade and in the real world It is a level playground. “

That Donald Trump is perfect. Some Republican has publicly opposed the President as he demands loyalty to his agenda.

Nevertheless, those who are silent, understand that their constituents may be affected by rising prices, and are hoping that they can convince Trump not to follow with their cute tariffs.