The Liberal Democrats, the conservative and pro-business party that has controlled Japanese politics since 1955 finally lost to the Democrats. I guess the Democrats are the more more liberal party.
The leader of the Democrats will be forming a new government in the next month and plans to improve relations with other Asian countries, especially China. He has also stated that he wants to maintain the relationship his country currently enjoys with the USA.
With the coming of a new government, and hopefully new mind set to Japan, I think it is time for the USA government to begin renegotiating trade agreements that put the USA and Japan more on equal footing as far as imports and exports goes.
For way too long I believe that the USA has been far to generous to the Asian manufacturing giants of China, Japan, South Korea and Taiwan. Its time for the USA to be on an equal footing.
Maybe more intense trade will allow less outsourcing and bring labor and real competition to the market place. American products need to be upgraded to compete equally with products coming out of Asia.
Since I doubt we will ever get a fair trade agreement with China, Japan is the place to start.
Its Common Sense!
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