Word: marketeers
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Dates: during 1980-1989
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...Japanese are dismayed that politicians in Washington and many U.S. businessmen brand Japan as "protectionist" whenever some products fail to sell in Japan, even though the market is opening up. U.S. sales of telecommunications equipment in Japan, for example, reached $263.3 million last year, up from $106 million in 1985. Yet the U.S. is basing its current trade complaints at least partly on the problems Motorola has faced in getting frequency clearance in Tokyo for the cellular telephones it is selling in Japan; Tokyo considers the grievance too small to justify the hubbub surrounding it. Observes Peter Tasker, British author...
...have only recently begun to do away with mandatory Saturday office hours. Dutch journalist Karel van Wolferen, in his recently published book The Enigma of Japanese Power, argues similarly that Japan is run by a near conspiracy of Big Business and bureaucracy, whose only concern is to expand global market share...
...their recent progress, the Japanese could do more to open their market and reduce the stubborn trade gap with the U.S. While the government has cleared the way for more imports of U.S. beef and citrus products, bans on purchases of American rice are being retained. Says a Japanese diplomat, in specific reference to a U.S. barrier: "We'll do rice when the U.S. does sugar...
...fundamental problem in U.S.-Japanese relations is that the two countries have different concepts of how an economy should work. Americans and Europeans continually tell Tokyo that they want "fair" trade, which at its simplest means equal access to the market. The notion carries moral overtones that do not necessarily jibe with the Japanese view of the world. Kyoto University history professor Yuji Aida recently wrote that "the American predisposition to view things in simplistic black-and-white terms is antithetical to our mind-set. Whereas the U.S. was founded by a people convinced of a single, revealed truth, Japan...
...might backfire, provoking retaliatory measures from a Japan that is tired of being blamed for U.S. economic ills. The rumblings from Japan were ominous. Foreign Minister Sosuke Uno called in newly appointed U.S. Ambassador Michael Armacost to protest Japan's inclusion on the list. "As a result of many market-opening measures, the Japanese market has now become wide open," he insisted. "None of the identified ((restrictions)) can be considered to constitute trade barriers...