| − | Of American trade with the Far East, Japan's share had been double, and at times nearly triple, that of China for the previous forty years to World War II.<ref>Whitney Griswold in ''Our Policy in the Far East'', Harper's, August, 1940, quote in Porter Sargent, ''Prodding Japan into War'', Bulletin #95, December 30, 1940, pg. 535 - 535, fn. 1.</ref> From 1931 to 1935, an annual average of 19% of the total foreign trade of the U.S. was with the Far East. Of this sum, in 1935, 43% represented American trade with Japan, 24% with the Dutch Empire, India, British Malaya and French Indo-China, 18% with the Philippines, and 14% with China and Hongkong (3% of total U.S. foreign trade). Thus, approximately 8.17% of U.S. total foreign trade, or about $312,000,000, was with Japan and 3.42%, or $130,410,000, constituted American trade with China and Hongkong.<ref>Griswold, ''The Far Eastern Policy of the U.S.'', p 468.</ref> | + | Of American trade with the Far East, Japan's share had been double, and at times nearly triple, that of China for the previous forty years to World War II.<ref>Whitney Griswold in ''Our Policy in the Far East'', Harper's, August, 1940, quote in Porter Sargent, ''Prodding Japan into War'', Bulletin #95, December 30, 1940, pg. 535 - 535, fn. 1.</ref> From 1931 to 1935, an annual average of 19% of the total foreign trade of the U.S. was with the Far East. Of this sum, in 1935, 43% represented American trade with Japan, 24% with the Dutch Empire, India, British Malaya and French Indo-China, 18% with the Philippines, and 14% with China and Hong Kong (3% of total U.S. foreign trade). Thus, approximately 8.17% of U.S. total foreign trade, or about $312,000,000, was with Japan and 3.42%, or $130,410,000, constituted American trade with China and Hong Kong.<ref>Griswold, ''The Far Eastern Policy of the U.S.'', p 468.</ref> |