Fontanelle, IA | Schorsch - 7/23/2025 05:59
The whole Grade Deal isn't a bad deal for US suppliers and, as Japan does, has no effect on exports for Japan!
They've adjusted their currency (exactly 15% since January), so export prices have now remained the same with a 15% tariff! What did Trump do? Raised taxes and prices for US citizens by 15%!
What did Trump manage to do to save the US budget and the US dollar? A real inflation surge of 15% and paved the way for Japan and many other countries to stop buying from the US! Because US products have become far too expensive due to the exchange rate.
And what products can the US offer that aren't available much cheaper in other countries without tariffs?
The question ultimately remains: "Where is the beef?"
The conversion of yen to USD back in Jan 2025 was 1 jpy = .00632032
As of this morning, 1 jpy = .00683818
Change is ~ 8%
So Japanese yen buy 8% more goods in USD
15% is almost double 8%. Where did you pull this from? |