And perhaps worst of all are the non monetary restrictions imposed by South Korea, Japan and very many other nations. As a result of these colossal trade barriers, 81% of the cars in South Korea are made in South Korea. 94% of the cars in Japan are made in Japan. Toyota sells 1 million foreign made automobiles into the United States and General Motors sells almost none. Ford sells very little. None of our companies are allowed to go into other countries. (07:18–07:24)
CLAIM
Asserts that 94% of cars in Japan are domestically manufactured.
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