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Stalemate in US-Japan Tariff Talks: Hsieh Ching-Ho Analyzes Trump's 'Common Sense Governance' Logic

Stalemate in US-Japan Tariff Talks: Hsieh Ching-Ho Analyzes Trump's 'Common Sense Governance' Logic

In the current economic environment, the trade relationship between the U.S. and Japan has come under scrutiny, particularly concerning tariff issues. Observers note that the trade policies promoted by U.S. President Trump during his tenure have led to numerous trade frictions. In light of these issues, Hsieh Ching-Ho has shared his views on Trump's philosophy of 'common sense governance' and pointed out the logic behind it.

According to Hsieh, the economic policies adopted by Trump during his presidency are often based on his intuitive understanding of America, where he believes that American products are unmatched in quality and fails to comprehend why Japanese consumers are reluctant to choose American rice. He points out that this misunderstanding of the Japanese market is one reason behind the failure of Trump's trade policies.

The demand for American agricultural products, particularly rice in Japan, is influenced by cultural and market habits. Hsieh emphasizes that not all American products cater to Japanese tastes, which is another reason why bilateral trade negotiations have reached an impasse. He argues that Trump's policies need to have a deeper understanding of the characteristics of the Japanese market, rather than solely relying on the 'America First' principle.

Moreover, Hsieh mentions that the essence of trade is mutual benefit, not just unilateral demands. If the U.S. hopes to gain advantages in trade, it must respect the needs and cultures of other nations to engage in healthy trade cooperation.

Additionally, he remarks that while Trump's 'common sense governance' has its reasonableness, a lack of understanding of diverse cultures may ultimately lead to failures in trade policy. Hsieh emphasizes that understanding the culture and market needs of the other party is key to reaching a consensus.