Hynix urges Japan to scrap chip duty

Monday 01st September, 06:22 AM JST

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PepinGalarga at 04:06 AM JST - 2nd September

Protectionism is rampant in Japan. Its the only way they have been able to keep the economy afloat.
gonemad at 06:49 AM JST - 2nd September

Protectionism is rampant in Japan. Its the only way they have been able to keep the economy afloat.

Then, if it's so successful, why stop it?
PepinGalarga at 08:54 AM JST - 2nd September

gonemad: because Japanese consumers will never have access to goods at competitive prices. By placing barriers to entry, competitive products from other countries will never be able to enter, or at least they will not be at the real prices. This results in inflation and billions in profits for the handful of companies that benefit.
gonemad at 06:16 PM JST - 2nd September

Its the only way they have been able to keep the economy afloat.

and

This results in inflation and billions in profits for the handful of companies that benefit.

No contradiction here? And inflation in Japan, come on...