The U.S. has succeeded in its plan against Japan! On July 23, U.S. President Trump announced that the U.S. and Japan have signed what may be the largest trade agreement, under my request, Japan will invest 55 billion U.S. dollars in the U.S., and the U.S. will gain 90% of the profits. The U.S. will provide small cars and freight cars, rice and other agricultural products to Japan, and will pay a 15% tariff in return.
Evidently, according to this agreement, to put it bluntly, it means that the U.S. tariff on Japan is reduced from 25% to 15%, while Japan's cost is to invest 55 billion U.S. dollars in the U.S., and at the same time allow American cars, rice, and agricultural products to enter the Japanese market at a 15% tariff rate. What consequences will this agreement bring to Japan? The consequence is that Japan's economy will be further drained.
Such a huge investment to the U.S. means that Japan's domestic investment will be suppressed. 90% of the profits go to the U.S., to be honest, Japan's investment is completely doing a favor for the U.S. Moreover, the tariff on Japanese cars exported to the U.S. is 15%, which although reduces the tariff, but still causes impact on the Japanese automobile industry entering the U.S. market. Undoubtedly, facing its own difficulties, the U.S. is taking a big bite out of Japan. This result may further trigger anti-American sentiment within Japan. The rift between the U.S. and Japan is growing larger!
Original text: https://www.toutiao.com/article/1838397987917066/
Statement: This article represents the views of the author.