Japan’s Sneaky Response to Trade Tariffs

Well said Dave, if people were prepared to listen, Trump did explain everything he wanted to do and it seems people did not believe him. As you say politics does affect us and the World we live in. This is part of what has made Tesla and EV's a political football.
I see companies cutting exports to the US and making more of the rest of the world as we will all want to make trade as easy as possible, to reap the benefits of a well working economy.

Japanese – best and more importantly consistent quality & engineering.

Brics have allready dumped the dollar did so months ago … come on dave get on the ball lol

Hi Dave, could you change your background it makes it uncomfortable and shimmers to watch for me. Great videos and keep up the hard work I enjoy watching everyday.

I bought a 2024 Corolla Cross Hybrid last year built is an all new $4 billion Toyota/Mazda joint venture manufacturing plant in Huntsville, Alabama. The only major part imported is the geared eCVT. The plant will produce 300,000 Corolla Hybrids and Mazda CX-50s per year. With tariffs on the competition, any price increase is pure profit. I can just imagine Toyota and Mazda management high-fiving each other in Tokyo right now.

Japan is selling off 1 trillion dollars of US debt.

Research BYD hybrids. Own a sealion 6, gen 4 phev, after 13,000 km averaging 2.2l/km. BYD already on gen 5. Toyota is not doing well in China, their tech has fallen behind. See what is happening in SE Asia with growth of GWM,BYD, Geely etc.

This is what really matters. The USD is the World’s reserve currency, so the USA has been able to write checks that would never be cashed. These take the form of US treasury bills, which are bought by the rest of the World. The former strength and stability of the United States, combined with its adherence to the rule of law, made US debt very attractive. As a consequence, the USA is now massively indebted and thanks to Trump, US T-bills are suddenly much less attractive. The rest of the World is already dumping US debt. The loss of the USA’s reserve currency status, will bankrupt the entire nation. Trump can’t force the World to buy US debt. The sickening thing for him is that USD’s loss will be the Euro, Yen and Pound’s gain and there is nothing he can do about it. This is what happens when you pursue power at the expense of influence.

Dave. You should check were the bulk of the top ten are made. Canada and Mexico do most of the trucks.

It's interesting that the adjective 'sneaky' used in the title, is used almost exclusively by British people in the context of East Asians, but rarely of other Europeans

Definitely not safe to come to US for holiday. They're locking up tourists at the border for a week or two and then sending them back home without letting them go on holiday. Heard it has happened to their white Aryan brothers from Germany, as well as people from Canada and Britain, so go at your own risk

Nissan😢 is dead

China can easily add over 100% tariffs in their cars? Of course they cannot! Chinese cars cannot be sold in the US. Toyota cannot even make modern hybrids, just outmoded semi-hybrids. They are not doing well by not making EVs. They simply can't make them. They are losing the world's biggest market, where EVs already comprise over half of new sales. Their only strategy is get GAC to make their EVs and selling them at a huge loss to get market share back — lets see how that pans out. Adding 25% to new car prices only Japanese cars in the US will likely take away most of that market too. Nissan is already pretty much bankrupt.

Just to inject a little observational humour.
In the picture that advertises this posting, the rubber stamp should read backwards.
If it were to print anything the resulting word would be reversed.
As usual a very concise and informative to camera posting. Thanks.

Government price rigging; tariffs, price fixing, rent control..central bank meddling (interest rates, QE) ALWAYS backfires. Politicians wanting to show they can “do something” about some hot button issue, is the only motivation.

I'm Canadian, yesterday he had a hissy fit now every country will get tarifed. I wouldn't want to live in the US. He knows his plan is unpopular and stupid and he is panicking. So like usual he doubbles down..lol

Interesting take. Nissan will be out of business by 2026. They are in terrible financial shape by every meaningful metric. Also I have to point out that China is the largest car market and Japan is getting clobbered there with market share plummeting. The COULD have been an industry leader IF they had perfected true EVs early on now that opportunity has past. Toyota no longer has access to the battery supply chain (raw materials come from China) and has no sizable battery manufacturing in house. Their only hope is solid state batteries but Toyota better hurry up as China is already ready to start putting out the first EVs using solid state batteries.

Honda manufactures the Civic and CR-V, two of its best-selling models, in Alliston, Ontario, Canada, and has been doing so for over 35 years, making it the first Japanese automaker to establish a production facility in Canada.

You kind of omitted the part about Japan not having the workforce to produce all their vehicles in Japan. I also disagree about China being a big market for Japanese vehicles. There is to much nationalistic dislike.

OMG! All those auto plants in the US with Trump supporting UAW will just disappear! It makes perfect sense! If we are to pay the tariff anyway, then why make the cars in the US? I hope VW does the same thing.

Might, might, might. Free weekend at Mar a Lago if you can count the mights. Let’s wait and see. You might be right.

1:40“Very honourable nation” ???
Just look up the extent of Japanese war crimes. They make to nazis look like Boy Scouts.