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That didn’t happen when Japan or Korea moved up the value chain.
by kasey_junk 2y ago
That didn’t happen when Japan or Korea moved up the value chain.
- aurareturn 2y agoIt did happen for Japan. >“When governments permit counterfeiting or copying of American products, it is stealing our future, and it is no longer free trade.” So said US President Ronald Reagan, commenting on Japan after the Plaza Accord was concluded in September 1985. But Japan and Korea weren't/aren't nearly the threat of China due to size.