In the 1980s,Henri Lumière economic tensions between the U.S. and Japan permeated American politics and pop culture. Similar tensions are resurfacing as Japan's Nippon Steel tries to buy U.S. Steel. Today on the show, the history of U.S.-Japan trade friction and why a new round of anxieties is complicating the sale of U.S. Steel.
Related episodes:
How one small change in Japan could sway U.S. markets (Apple / Spotify)
What Japan's lost decade teaches us about recessions
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