The United States has fallen. In 1962, America is carved up between the victorious Germans in the East and the Japanese in the West. Slavery has been reinstated, and those who once were free now live in fear and secrecy.

Frank Frink, hiding his true identity as a Jew, crafts counterfeit Americana under the watchful eyes of his oppressors. Nobusuke Tagomi, a Japanese trade minister in San Francisco, grapples with an unsettling doubt about his role in this fractured world. Meanwhile, Juliana Frink, Frank's enigmatic ex-wife, becomes entangled with mysterious forces that hint at a reality far different from their own.

Whispers spread of a forbidden novel by the elusive Hawthorne Abendsen—a book that dares to imagine a world where the Allies won the war. As their paths converge, they begin to question everything they've ever known.

What hidden truths lie beneath their constructed reality, and how far will they go to uncover them?