IGT | Inside Global Trade
Policy Brief No. 201824
April 16, 2018
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Trade Disputes With China Shoot US In The Foot
Li Chunding
US-China trade friction has intensified, and one excuse that the Trump administration has used for trade protectionism against China is that China has been stealing US jobs, especially in the manufacturing sector.
But bilateral trade has nothing to do with unemployment in the US.
China itself or trade with China is merely scapegoats. The US is being a fault finder without realizing that the real reasons are internal, and the trade conflict will jeopardize manufacturing jobs on both sides.
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