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Michigan Law Review

1984

Markets

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Trade Friction With Japan And The American Policy Response, Thomas J. Schoenbaum May 1984

Trade Friction With Japan And The American Policy Response, Thomas J. Schoenbaum

Michigan Law Review

In Toyko recently I called upon an official of the Ministry of International Trade and Industry (MITI) to discuss trade frictions between the United States and Japan. On the way to my appointment I passed by Hibiya Park in the center of the city. About 10,000 people were gathered in a peaceful demonstration against any lifting of Japan's quotas on imports of agricultural products. Inside the MIT! building I asked the official whether the quotas on beef and oranges would be abolished soon. He told me they would eventually be liberalized or abolished to please the United States, but that …