I thought the idea that Japanese made goods are 'cheap' was discredited long ago, but I won't say more than that. I see your point, TK, but I am sure Glenn's motives were honourable. Why should they give Clinton a guitar they didn't even play? They played Takamines. It is a souvenir of them, not some statement about America versus Japan.
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FP; It's not a statement about Japan. It's supporting American made products. They most certainly play Gibson, Fender, Taylor & other guitar brands. American manufacturers are going out of business left & right, by other countries producing cheaper products, & paying slave labor & having kids in their factories.

I don't think the rest of the band has a promotional deal with Takamine. Normally endorsement deals are done on an individual basis. Various guitar players in other bands have endorsements with several guitar companies.
I'm sure Glenn didn't mean to make a political statement & his intentions were good, but to Felder & others it was just tacky.