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US-Japan Trade Deal Shows How Protectionism Can Shoot Itself in the Foot

autoevolution Friday, 25 July 2025 ()
US-Japan Trade Deal Shows How Protectionism Can Shoot Itself in the FootWhenever governments get in the way of anything, expect serious side effects. Instead of properly taking care of ensuring a level playing field for all its citizens and companies, they tend to make things harder for everyone. Just check Donald Trump's "reciprocal tariffs" and trade deals with the countries that would otherwise be punished by them. The recent agreement with Japan was celebrated, but made American automakers furious. (continue reading...)
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News video: Trump’s $500 BILLION Japan Deal Sparks Tensions In Tokyo | While Trump Celebrates Japan May Lose PM

Trump’s $500 BILLION Japan Deal Sparks Tensions In Tokyo | While Trump Celebrates Japan May Lose PM 03:25

President Donald Trump announced a “massive” $500 billion trade agreement with Japan, calling it the “largest deal ever made.” Trump claims the deal will create hundreds of thousands of U.S. jobs, open Japanese markets for American cars, trucks, rice, and agriculture, and include key projects...

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