China makes too much steel. With government subsidies and currency manipulation that are illegal under international trade rules, China sells steel overseas at below production cost, bankrupting fair market manufacturers and killing jobs.
President Obama said that people who have concerns about Fast Track and TPP “don’t know what they’re talking about,” and compared them to conservatives like Sarah Palin talking about "death panels."
Discussions between the US and China take place this week, while US companies run ads opposing democracy in Hong Kong.
A report released by the Economic Policy Institute says we could create millions of new jobs and speed up economic growth if we act to end global currency manipulation. Simple as that.
Monday's final campaign debate focuses on foreign policy.
As China's Vice President Xi Jinping visits the US Republican Presidential candidate Mitt Romney blasts President Obama for not being tough enough on China. Meanwhile Romney says nothing about House Republicans keeping the China Currency Bill from being brought to the floor for a vote.
Get to know the name Xi Jinping.
This week three new reports described even more continuing damage to our economy caused by China's trade cheating -- and our own lack of response. Even as the auto industry recovers and auto-assembly jobs are returning, the auto-parts industry and jobs are not.
Last week, in These Are The House Republicans Blocking The Crackdown On China Currency Manipulation. Call Them. I named 61 House Republicans who had co-sponsored the China currency bill, but […]
Congress just passed three more NAFTA-like trade deals, so our country’s trade deficit is going to get even worse. And pressure on working people to accept pay and benefit cuts […]
The fight to get China to stop their currency manipulation is heating up. China keeps its currency very low, giving their goods a huge price advantage even before all their […]
Since China joined the World Trade Organization (WTO) our country’s balance of trade has gotten worse and worse and we have lost jobs and jobs (and money and money). Between […]
The US-China Strategic and Economic Dialogue has concluded. It is remarkable for two countries to engage in a dialog such as this, and efforts like this to constructively manage differences […]
China argues that some American companies will suffer if China stops subsidizing manufacturing and adjusts their currency to market levels. They’re right. The fight over Chinese violations of trade rules […]
In Pittsburgh today, U.S. Trade Representative Ron Kirk announced that the Obama administration will take a more aggressive approach to supporting American industrial workers through greater protection of labor rights […]