Another parts supplier goes bust

[phillyc]

Originally Posted by vztrt

ebxr8240 - can you show me Japans tariffs as I've shown on here before that Japan has no tariffs on their imports.

Just because there is no tariff doesn't mean there isn't significant barriers to exporting cars to Japan.

Doing business in Japan is incredibly tough. There are multiple layers of distributors and resellers for any type of goods, plus the cost of establishing shop fronts / dealers etc is massively expensive due to real estate alone.

Of course they are keen to import our commodities, they have none themselves and use ours to turn them into goods and what was bought by them for $100/ton comes back to us for $20,000/ton in the case of a car... Electronics, probably 10x that.

NB They also take stakes in our companies to help manipulate the prices we sell for too. Is it any wonder we have a Deficit, monthly to the tune of $5B, they have a surplus of $30B?