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Scott Lincicome @scottlincicome ยท Jan 3, 2022
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Great thread. I'd just add that there's plenty of contemporaneous evidence showing that the US-Japan STA - by pushing US chip prices higher - harmed the US economy, American consumers, AND the US personal computer industry, pushing some of it offshore

Tweet Jan 3, 2022
.@clydeprestowitz responds to @ChadBown on the 1986 US-Japan semiconductor agreement and perfectly encapsulates the Dept of Commerce view: "we don't want Japan to sell less, we just want them to raise their prices" www.wsj.com/articles/japan-chip-pa
by Douglas Irwin
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