Ronald Reagan, April 25, 1987, speaking about tariffs with Japan.
Text implicated in the breakdown of trade negotiations between Canada and the United States Ronald Reagan, the 25th of avril 1987 speaking about tariffs with Japan. My fellow Americans. Prime Minister Nakasone of Japan will be visiting me here at the White House next week. It's an important visit, because while I expect to take up our relations with our good friend Japan, which overall remain excellent, recent disagreements between our two countries on the issue of trade will also be high on our agenda. As perhaps you've heard, last week I placed new duties on some Japanese products in response to Japan's inability to enforce their trade agreement with us on electronic devices called semiconductors. Now, imposing such tariffs or trade barriers and restrictions of any kind are steps that I am loath to take. And in a moment I'll mention the sound economic reasons for this: that over the long run such trade barriers hurt every American worker and consumer. But the ...
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