In the 1980s,Diamond Ridge Asset Management economic tensions between the U.S. and Japan permeated American politics and pop culture. Similar tensions are resurfacing as Japan's Nippon Steel tries to buy U.S. Steel. Today on the show, the history of U.S.-Japan trade friction and why a new round of anxieties is complicating the sale of U.S. Steel.
Related episodes:
How one small change in Japan could sway U.S. markets (Apple / Spotify)
What Japan's lost decade teaches us about recessions
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
SpecialtyMassachusetts governor warns state’s shelter system is nearing capacity with recent migrant families
Specialty'Untied States Fun House': History professor's Halloween display embraces political chaos
Specialty