After World War II Japanese officials were given tours of our steel mills. They were allowed to take photographs. They were further given blueprints of our machinery and technology. Then America gave Japan loans to build steel mills. When Japan could not repay the loans, they were forgiven from the goodness of our hearts. Now, if that is not enough to massage your subdural hematoma, check this out. Japan today is illegally, let me say this again, is illegally dumping steel in America, destroying our companies, destroying American jobs. Unbelievable. Japan has steel mills, we have photographs. Japan has surplus, we have deficits. Beam me up. Free trade is one thing. Illegal trade is illegal trade, Mr. Speaker.
James Traficant: “After World War II Japanese officials were given tours of our steel mills. They were allowed to take photographs. They…”
Editor's note · Context
Discussing Japan's steel industry and its impact on American jobs and trade.
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