Hey everyone, let's dive into some fresh trade talk! Seijiro Takeshita, a professor at the University of Shizuoka's Graduate School of Management, has spoken up about the U.S.-Japan trade deal. According to him, the deal is seriously flawed and misses the mark by not addressing the real issues. Instead of focusing on tariffs, which are already zero for U.S. cars in Japan, he argues that the crux of the matter is all about consumer tastes. 🚗💭
Takeshita dismisses the idea that tariffs are to blame for trade imbalances. He points out that Japanese consumers simply find American cars less appealing—not because of added costs but due to design and style differences. This insight reminds us that sometimes decisions in trade (and in our everyday tech choices, like picking a smartphone) are more about what resonates with people than just numbers on paper. 📱✨
For our tech-savvy readers across South and Southeast Asia, this critique is a cool example of how global trends and local consumer culture intersect. Whether you're into the latest gadgets or global business news, it's always important to look beyond surface numbers to understand what truly matters in the market.
Reference(s):
U.S.-Japan trade deal 'not a good deal at all,' says Japanese expert
cgtn.com
