The Japan-American Trade War

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to
other countries. The Americans dissolved the powerful family businesses
which opened business to more competition and in the countryside, they took
land from the landlords and gave it to the tenant farmers. By the time
American occupation ended in 1952, Japan had returned to prewar levels of
production. With their recovery now ensured, Japan embarked on a period of
great economic growth which is growing at a faster rate every day.

The Japanese are now at the head of a powerful economy which is the
second largest in the world, exceeded only by the Americans. Many beleive
that the Japanese economy will overtake the U.S. economy by the year 2000.
Polls in the United States have indicated that the Americans rank the
Japanese economic threat higher than the Russian military threat.

Yoshio Sakurachi, the speaker for the Lower House of the Diet (the
Japanese Parliament), called American workers lazy and illiterate. These
remarks came just after George Bush and the leaders of ...

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