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U.S., China Dig In for Long Trade Fight as Tariffs Take Effect

WSJ Original article ›

Robert Lighthizer and other experts call for trade and globalization practices that work for the U.S.

01/06/2010

The failure of the establishment of both parties in the USA to take action in the face of the loss of 5.6 million jobs in the last decade, with $4.3 trillion in trade imbalances. An issue which resonates with voters in the US and could lead to a fundamental realignent of American attitudes to globalization and free trade. The feeling that the free-trade deck is stacked against the USA by Asian countries. China's efforts to keep the yuan dollar exchange rate at levels that favor exports. China's accumulation of over $3 trillion in dollar reserves that are parked mostly in Treasury's that keep U.S. interests low. Distortons in the global economy from the failure to rebalance the world economy hurts China and the U.S.

Grouped Articles

The Obama-Romney Tariff

Wall Street Journal 10/04/2011

US-China trade relations: Speak less softly, carry a stick

Economist 09/25/2010

Taking On China

New York Times 09/30/2010

Americans Sour on Trade

Wall Street Journal 10/02/2010

The Engine That Pulled Us Out of Recession

Wall Street Journal 03/19/2015

What’s Our Duty to the People Globalization Leaves Behind?

New York Times 01/26/2016

U.S. Trade Deficit

02/11/2011

Grouped Articles

Dollar’s Rise Lifts Imports and Widens Trade Gap

New York Times 05/05/2015

U.S. Trade Gap Shrinks by 19%, Most in Six Years

Wall Street Journal 06/03/2015

Export Rebound Unlikely to Close Gap With Imports

Wall Street Journal 02/11/2011

Tallying the Toll of U.S.-China Trade

Wall Street Journal 09/27/2011

Senate Moves to Punish China for Yuan's Low Value

Wall Street Journal 10/04/2011

China currency sanctions bill moves toward vote in Senate - The Washington Post

Washington Post 10/06/2011

U.S. trade with China in 2000-2011 and the impact on cities and counties in the U.S.

09/25/2010

Three American researchers have completed a study on the impact of U.S. trade in the decade 2000-2011 with China, a period of exceptionally high growth of about 12% in China and a surge in imports into the U.S. The study shows counties in the 75th percentile in import levels experienced a surge in unemployment and government payments to support the unemployed. Nobel Prize winner Michael Spence points out this was an exceptional period and no theory in textbooks can account for the changes taking place because the growth rate in China was unprecedented.

Grouped Articles

Tallying the Toll of U.S.-China Trade

Wall Street Journal 09/27/2011

US-China trade relations: Speak less softly, carry a stick

Economist 09/25/2010

Americans Sour on Trade

Wall Street Journal 10/02/2010

In Tepid Wage Growth, a Potent Sign of a Still-Fragile Economy

New York Times 05/05/2014

U.S. Trade Gap Widens on Surging Imports

Wall Street Journal 05/06/2015

Campaign Season’s Anti-China Tone Is Likely to Cloud Meeting With Obama

New York Times 03/30/2016


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