This is a bargaining tactic. We can not get product into China. Or if you do it takes years. The equation must change.
Agree. So what is Japan’s tires become a better deal?
As long as our balance of trade improves with bi-lateral negotiations .
Yes. Unlike the deliberate ignorance at NR, you clearly understand what is involved.
I favor a “Reciprocal Trade Act”, where other countries’ own laws and policies are mirrored by the US.
(Even though it caused a war in “Debt of Honor” by Tom Clancy)
We do trade with China. But they sell about $4 to every $1 they buy. If the world were comprised of 2 countries only, then we might be trading 3$ of printed US currency plus $1 of goods for $4 of goods. I’d call that a bargain as it’s easy to print money.
Of course the world is composed of many countries. So there is no reason to expect any two countries to have a trade balance. As a simple case, you could have triangle trade between three countries. Each country could have a trade imbalance with someone, yet the system would be in perfect balance.
The last time I checked, the US was buying more goods from the world that the world was buying from us. (We just changed the law to allow exporting of US oil. That might be a game changer.). But financial flows should be considered too. The world was investing more in the US that we were investing in the world. How well did we use those investments. Some went to taxes, food stamps, Fannie Mae, etc.. It’s up to use spend our money well.
When it comes to Nazism, communism, and Islamic supremacy, the enemy is out there. When it comes to competing in producing goods and services, we have to look at the shackles we have placed on ourselves. I’m not going to hate the Japanese for making a good car. (Especially as some are made in right-to-work states in the United States.)