Trump tariffs

Trump’s Trade War, Round One: China 1, America 0

Trade wars are easy to win, our own Dear Leader says. He’s right, but maybe not in the way he imagines. CleanTechnica readers of a certain age may remember a time a few decades ago when America imposed import tariffs on Japanese cars in an effort to protect US carmakers. The result? Japanese automakers soon built new factories in the US and began to push the domestic companies toward oblivion. Today, Toyota and Honda continue to crank out sedans built in America while the Big Two And A Half in Detroit have slashed sedan production to focus on the only vehicles they can sell successfully — pickup trucks and large SUVs.