The asian trade strategy is always simple. Recieve large sweet deal loans from banking buddies to build up cash reserves. Dump their slave labor made product on the US while taking a loss, hold out till other US and competing companies go bankrupt trying to match prices, then you'll have the market to yourself or only a few other companies, work together as a monopoly to fix prices on all products for maximum profits.
My guess is that the Japs are going to take a bigger hit from Chinese autos than Ford and GM.