Anyone who has seen the auto factories in Detroit and the oil fields in Texas knows that Japan lacks the national power for a naval race with America.
Sentiment: NEGATIVE
It makes sense for Japan to pursue a more independent role in the world, following Latin America and others in freeing itself from U.S. domination.
In addition to this, they already have a fuel cell car on the road in Japan. It is subsidized from within the corporation because they are still at a high cost.
The war has developed not necessarily to Japan's advantage.
Alabama farmers want a chance to complete fairly in Japan, but they can't if the Japanese won't let us in.
Ohio workers and Ohio manufacturers already know that we are, in fact, in a trade war, and the Chinese have done very well, thank you.
Japan is an important ally of ours. Japan and the United States of the Western industrialized capacity, 60 percent of the GNP, two countries. That's a statement in and of itself.
For decades, Japan has been a friend and reliable trading partner with the United States, and I anticipate that relationship will prosper.
We hear a lot about rebuilding Detroit, and we just spent $70 billion to bail out the auto industry - well, they need to be cost competitive, too. If they have high-cost energy, those suppliers are going to move to Japan or Mexico instead of Michigan and Tennessee.
In 1853, American warships bullied Japan out of centuries of virtual isolation and into the modern world. The threat of force compelled Japan, like India and China before it, to accept trade agreements that were economically ruinous and eroded national sovereignty.
I can't tell you how important it was for us to be successful in japan.
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