TRADE IMBANCE PACIFIC RIM

 

 

-1945-1964 (US Advantage)

            US run trade

-1961 JFK gives aide to Japan

            Give them money

-1965 balance shifts in Japans favor

             Become more productive and have more electronics

-China has also over taken US

            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 Asia can cut US off from there supplies

-Example (tariffs) TAXING

            Have tariffs on the things we have over there but we don’t have tariffs on their things