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By 1972 Japan's surplus had climbed to US$5.1 billion, despite the reevaluation of the yen in 1971. The jump in prices of petroleum and other raw materials during 1973 plunged the balance of trade into deficit, and in 1974 the deficit reached US$6.6 billion. With strong export growth, however, this was reversed to a surplus of US$2.4 billion in ...
From a Japanese perspective, the revised U.S.-Japan Security Treaty signed in January 1960, known as "Anpo" in Japanese, represented significant improvement over the original treaty, committing the United States to defend Japan in an attack, requiring prior consultation with the Japanese government before dispatching US forces based in Japan ...
Finally, in 1980 the position was renamed the United States Trade Representative. [6] The Omnibus Trade and Competitiveness Act of 1988 elevated the position's role to "coordinate trade policy, serve as the President's principal trade advisor and trade 'spokesperson', and lead U.S. international trade negotiations". [7]
The treaty followed the 1854 Convention of Kanagawa, which granted coaling rights for American merchant ships and allowed for a US Consul in Shimoda.Although Commodore Matthew Perry secured fuel for US ships and protection for US sailors, he left the important matter of trading rights to Townsend Harris, another US envoy who negotiated with the Tokugawa shogunate; the treaty is therefore often ...
February 15, 1907: To reduce tensions between the two nations, Japan and the United States reach an informal Gentlemen's Agreement addressing Japanese immigration to the United States. August 22, 1910: Under the Treaty of 1910, the Japan formally annexes Korea. 1912: February 14: Arizona is admitted as the 48th state to join the union.
United States trade policy has varied widely through various American historical and industrial periods. As a major developed nation, the U.S. has relied heavily on the import of raw materials and the export of finished goods. Because of the significance for American economy and industry, much weight has been placed on trade policy by elected ...
The Japan lobby are a group of advocacy organizations influencing American policy towards Japan. The lobby has persisted since the Allied Occupation of Japan following the Pacific War . The Post-occupation lobby has been organized and headed since the occupation by Ministry of International Trade and Industry and the Foreign Ministry . [ 1 ]
The Treaty of Mutual Cooperation and Security between the United States and Japan (日本国とアメリカ合衆国との間の相互協力及び安全保障条約, Nihon-koku to Amerika-gasshūkoku to no Aida no Sōgo Kyōryoku oyobi Anzen Hoshō Jōyaku), more commonly known as the U.S.–Japan Security Treaty in English and as the Anpo jōyaku (安保条約) or just Anpo (安保) in ...