The U.S.-Japan Deal: A Shiny Package Full of Rot In the long arc of failed economic experiments, tariffs dressed up as trade policy are a recurring character—and a costly one. The latest iteration comes wrapped in the American flag and stamped with the seal of "strategic partnership," but don’t let the packaging fool you. The recently announced US-Japan Strategic Trade and Investment Agreement, lauded by the Trump administration as a cornerstone of industrial renewal, is nothing more than centralized economic meddling financed with money that doesn't exist and driven by an ideology that doesn’t understand how capital actually forms. $550 Billion in “Strategic Investment”—But Who Really Pays? The heart of the deal is simple enough: American importers pay up to…
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