The old trade war that brought foreign carmakers to the U.S.

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• 00:10

  NPR. When it comes to Made in America,

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  we actually make a lot of cars and trucks here, like the Ford F-150, the Tesla Model 3.

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  And the Honda Accord, the Toyota Camry, the Volkswagen Atlas.

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  Now, that might not sound right, but it's true.

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  These Japanese and German automakers set up shop here in the U.S. a few decades ago.

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  Foreign car makers like Toyota and Mercedes have actually opened more than 20 factories in the U.S. over the last 45 years.

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  Yeah,

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  and the reason many of those plants opened up in the U.S. in the first place is not because of free trade,

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  or at least not free trade alone.

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  They came to America because of a trade war that happened more than 40 years ago.

• 00:54

  This is The Indicator from Planet Money.

• 00:56

  I'm Waylon Wong, here with friend of the show, Stephen Basaja from the Gulf States Newsroom.

• 01:01

  Good to be with you, Waylon.

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  And on today's show, President Donald Trump wants more products made in America.

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  Forty years ago, a different trade war made that happen.

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  So we're going back in time to learn about how that trade war played a key part in bringing foreign car plans to the U.S. and why that's probably not going to happen this time.

• 01:22

  And where we're going, we don't need roads.

• 01:29

  Perfect rendition.

• 01:30

  I love that movie.

• 01:31

  I love that movie.

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