3 ms·
My favorite part: "Japan’s other barriers, like regulations and design criteria that effectively keep out American-made cars and light trucks, would come down"
by dougmany 11y ago
My favorite part:
"Japan’s other barriers, like regulations and design criteria that effectively keep out American-made cars and light trucks, would come down"
Take our crappy cars Japan!
I also didn't realize the US had a large (25%) tariff on trucks.
- adevine 11y agoIf our cars our crappy, why should Japan need trade barriers to keep them out?
- SuddsMcDuff 11y ago"if"???
- EdwardDiego 11y agoI drive a Toyota Cavalier, which was built by Chevrolet to sell to the Japanese, who didn't buy them, so they all got exported to Australia and New Zealand. It really is an odd car with questionable build quality and some baffling engineering decisions - the boot/trunk wouldn't open, which turned out to be due to the unlocking mechanism coming loose - but it was only connected to the lock by a single plastic clip, the kind you normally find securing upholstery. Replacing it with a nut and bolt fixed that, but yeah.
- bdcs 11y agoCourtesy of the Chicken Tax, yes you read that correctly. "The chicken tax is a 25% tariff on potato starch, dextrin, brandy, and light trucks imposed in 1963 by the United States under President Lyndon B. Johnson in response to tariffs placed by France and West Germany on importation of U.S. chicken." https://en.wikipedia.org/wiki/Chicken_tax https://en.wikipedia.org/wiki/Chicken_tax http://www.npr.org/sections/money/2015/06/12/414029929/episode-632-the-chicken-tax http://www.npr.org/sections/money/2015/06/12/414029929/episo...
- Kluny 11y agoDoes this mean that Tacomas and kei-trucks will get cheaper? Please!
- josu 11y agoThose tariffs are really well explained on this Planet Money podcast: http://www.npr.org/sections/money/2015/06/12/414029929/episod http://www.npr.org/sections/money/2015/06/12/414029929/episo...