Western European countries generally have restricted imports from Japan more than has the United States, and have been slower to concentrate on selling to Japan. Mr. Hanabusa of the Japanese Foreign Office is remarkably objective in what must be the fullest account in print of the discontents on both sides and the facts underlying them. He does not expect very rapid changes but sees some possibilities in Japanese investment in Europe and some joint ventures. The Lehrman Institute's volume joins a rather long list of studies of Japanese-American trade problems, but deserves a place for the candor of some of the contributors about current practices on both sides and the risk that things will get worse.