Japanese firms moved manufacturing facilities to the U.S. in fear that Congress would impose high tariffs on products made in Japan.

Question

Quizplus · Accepted Answer

The statement is true. During the 1980s, many Japanese companies established manufacturing facilities in the U.S. to avoid potential high tariffs and trade restrictions that Congress threatened to impose on Japanese products. This move also helped these firms to expand their market share in the U.S. and to reduce transportation costs.

Japanese Firms Moved Manufacturing Facilities to the U