TRADE IMBANCE
PACIFIC RIM
-1945-1964 (US Advantage)
US run
trade
-1961 JFK gives aide to
Give them
money
-1965 balance shifts in Japans favor
Become more productive and have more
electronics
-
US Buys
from them
-Colony
Supplies
shipped to US
-Addiction to foreign goods
Must get
things from other countries
-Today (trade war)
Silent no shooting but
-Example (tariffs) TAXING