Shigeru Yoshida Quotes
We are determined that our nation shall cease to be a burden on other countries but shall contribute positively to world prosperity, while observing fully the fair trade practices in international commerce.
Yoshida, Shigeru. "Speech at the San Francisco Peace Conference." Conference for the Conclusion and Signature of the Treaty of Peace with Japan: San Francisco, California, September 4-8, 1951, Record of Proceedings, U.S. Government Printing Office, 1951, pp. 277-282.
He was opposing the view of President Donald Trump that the United States needs trade protectionism in order to preserve and grow manufacturing jobs. Flake and the majority of the Contgress maintained that protectionism at best would lose more jobs and growth possiblities than it would save, and at worst could start a trade war that throws teh United States into a recession or even a depression.
The United States had been running a large trade deficit with China.
Shigeru Yoshida (吉田 茂, Yoshida Shigeru) was a Japanese diplomat and politician who served as Prime Minister of Japan from 1946 to 1947 and from 1948 to 1954. Yoshida was one of the longest-serving Japanese Prime Ministers, and is the third-longest serving Prime Minister of Post-occupation Japan.