Japan ships 1.5 million cars to America each year, but allows only 20,000 American cars into its own market. Since 2012, Japan’s yen has devalued by 50 percent against the dollar. Now Japan wants tariff-free access to the U.S. market through the TPP while it continues cheat on currency.Read the Report
The US trade deficit with Japan displaced 896,000 American jobs in 2013.
Each of the 50 states and the states and the District of Columbia lost jobs due to the trade deficit with Japan in 2013.
Congress and the Administration have the power to penalize Japan’s currency manipulation in the proposed TPP.
Obama’s Stance on Currency Manipulation, in His Own WordsThe president opposed signing trade deals without addressing currency before he changed his tune.
ReMaking AmericaReMaking America is the second volume on manufacturing policy edited by Richard McCormack.
2014 Summary of AAM National PollFindings From A National Survey And Focus Groups Of Likely 2014 Voters