Schemes and scams unravel, usually badly. China has been manipulating its currency, causing economic imbalances on a scale the world has rarely if ever before seen. The consequences are causing inflation problems inside China. One way or another this is going to adjust and China has to find a way to keep it from exploding. more »
America plays the role of abused partner in its relationship with China. Although the Asian giant repeatedly injures U.S. industry by violating international trade rules, America has responded, almost exclusively, by pleading and begging for China to stop. more »
As Chinese President Hu Jintao visits Washington one subject being discussed is China's currency manipulation. China keeps its currency "weak" because it mean goods made in China have a huge price advantage in world markets. This is part of a larger national strategy to take over key strategic industries. more »
The U.S. trade deficit unexpectedly shrank in November as growing global demand and a weaker dollar help boost overseas sales of everything from aircraft to cotton. more »
President Obama delivered just the right speech in Tucson. Can he replicate that performance for his State of the Union address on January 25? For the sake of our nation’s economic well-being, he must. more »
On Friday the US International Trade Commission (ITC) determined that US producers are harmed by Chinese "dumping" (selling below cost, government subsidies...) of seamless pipe. This was in response to a a joint petition of the United Steelworkers and U.S. pipe makers against China imports of seamless carbon and alloy steel line and pressure pipe. more »
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