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China Currency Manipulation

Where Donald Trump is Right..and Wrong, on Trade.

Kevin L. Kearns | Posted 04.22.2016 | Politics
Kevin L. Kearns

However objectionable one might find Trump on other grounds, it is folly to dismiss out of hand his critique of global trade imbalances with their growth-subtracting U.S. trade deficits.  Throwing wage-insurance crumbs to disaffected non-college workers will not increase economic growth, foster competitive industrial/technological capabilities, and pay down the national  debt.

Trump's Foreign Policy: An Interactive Adventure

Peter Navarro | Posted 03.27.2016 | Politics
Peter Navarro

Those who insist Donald Trump has no foreign policy have simply not been listening. The "Trump Doctrine" is as clear as a reveille bugle piercing the dawn at Fort Bragg; and it's a page right out of Ronald Reagan's playbook.

When Too Much Is Terrible

Leo W. Gerard | Posted 02.29.2016 | Politics
Leo W. Gerard

It's lights out in Lorain on March 31. The town's steel mill, site of a new electric arc furnace and $120 million investment, had given 1,200 Ohioans good middle-class jobs this time last year. But by April, a relentless avalanche of underpriced Chinese steel will have shoved all but a few of those workers into the street.

South Carolina Battleground: Trump Must Gut Cruz On Defense

Peter Navarro | Posted 02.15.2016 | Politics
Peter Navarro

By steadily consolidating Ultra Conservative Republican support, Cruz has created an illusion of momentum; but no one knows better than Cruz that he urgently needs to widen his base.

Michael McAuliff

The Most Important Thing About Obama's Trade Deals You Never Understood | Michael McAuliff | Posted 05.06.2015 | Politics

WASHINGTON -- A decade ago, or perhaps a little longer, New York Democratic Sen. Chuck Schumer had an epiphany during a visit to a Crucible Industries...

Taking On Currency Manipulation: Worse Late Than Never

Jerry Jasinowski | Posted 04.22.2015 | Business
Jerry Jasinowski

The critical reason that Congress should take a pass on this much-too-late effort to address currency manipulation is that it would likely abort our chance for a really beneficial free-trade agreement with Pacific Rim nations, which would bring us must better access to many growing markets. If there were a good time to do this, it was many years ago.

How Will 'Made in America' Fare in 2014?

Scott Paul | Posted 03.09.2014 | Politics
Scott Paul

America's workers deserve a government that will fight for them in the trade arena. And the Obama administration should act boldly, instead of offering more of the same. That won't happen, though, unless the White House pursues an aggressive trade agenda that places the focus squarely on lowering the trade deficit.

The Debilitating Currency War

Jerry Jasinowski | Posted 10.02.2013 | Business
Jerry Jasinowski

We haven't heard much about currency manipulation lately, but according to my friend C. Fred Bergsten of the Peterson Institute for International Economics, it was and remains a major threat to the international monetary system.

Obama's Amazon Economy

Scott Paul | Posted 09.29.2013 | Politics
Scott Paul

The President will be speaking about rebuilding America's middle class from the depths of an Amazon warehouse in Tennessee. His message and the site from which he'll deliver it are dissonant, given Amazon's prominence as a massive importer and employer of temporary workers.

The Seven World's Biggest Currency Manipulators: Report

The Huffington Post | Alexis Kleinman | Posted 10.23.2012 | Business

“Currency manipulator” is the insult of the moment. Republican presidential candidate Mitt Romney said during Monday night's debate that he wo...

Romney, Boehner Divided On Crucial Issue

Reuters | Posted 09.12.2012 | Politics

(Recasts, adds details) WASHINGTON, July 12 (Reuters) - The top Republican in the U.S. Congress highlighted a policy rift Thursday wit...

China's Latest Target in Its Trade War Against American Manufacturing: The U.S. Solar Industry

Leo Hindery, Jr. | Posted 05.06.2012 | Business
Leo Hindery, Jr.

It's past time for America to stop being a spectator to global trade abuses, with our hands bound by either our diplomatic sensitivities or corporate short-sightedness in valuing short-term profits over the long-term viability of our national economy.

Mitt Romney: The 'Currency Manipulator' Manipulator

John Wagner Givens | Posted 04.23.2012 | Politics
John Wagner Givens

What a good businessman should understand is that trade is not a zero-sum game and that the economies of China and the U.S. are more complementary than competitive.

What If the Next Steve Jobs Is Chinese?

Dean Baker | Posted 04.22.2012 | Business
Dean Baker

The United States continues to be at the forefront in innovation, but this likely will not always be the case. It is worth asking whether we should care.

China: Continued Abusive Trade and Now a "Blue Water Navy"

Leo Hindery, Jr. | Posted 03.11.2012 | Politics
Leo Hindery, Jr.

The latest noteworthy example of China's protection of its industries -- and its 'rest of the world be damned' behavior -- is it's allowing its steel industry to duck yet another global environmental initiative.

Michael McAuliff

Getting Tough With China Like 'Throwing Rocks At Dogs' | Michael McAuliff | Posted 12.12.2011 | Politics

WASHINGTON -- A bipartisan group of senators hammered China as a nation of "cheaters" Wednesday and laid down a challenge to House Speaker John Boehne...

Déjà Vu China

Jerry Jasinowski | Posted 12.05.2011 | Politics
Jerry Jasinowski

All of a sudden Congress, or at least the Senate, is on the brink of enacting some sort of legislation intended to retaliate against China for its currency manipulation. For me, to borrow a line from Yogi Berra, it is "déjà vu all over again."

Trade With China Destroys American Jobs, Drags Down U.S. Wages: Study

The Huffington Post | Alexander Eichler | Posted 11.27.2011 | Business

The explosion in Chinese exports in recent years has resulted in a flood of inexpensive goods for American consumers. It may have also come at a large...

Oil Price Swings as a Dollar Hedge Pose a New Threat to Our Fiscal Future

David Paul | Posted 07.19.2011 | Business
David Paul

The linkage between monetary policy and oil prices raises questions for how a consistent domestic energy policy can be implemented if critical energy market price signals are distorted by linkages with monetary policy.

What's Behind China's Economic Policies

Tay Yoshitani | Posted 05.25.2011 | World
Tay Yoshitani

China will almost certainly continue to make its economic presence felt over the next decade; even though this concerns many players in the global markets, it's not in anyone's best interest to condemn Beijing.

House Votes 348-79 To Get Tough On China

Posted 05.25.2011 | Politics

WASHINGTON (AP) -- The House has approved legislation that would allow the U.S. to seek trade sanctions against China and other nations for manipulati...

The Week Congress Began to Challenge China

Scott Paul | Posted 05.25.2011 | Politics
Scott Paul

Congressional action on China's cheating looks increasingly likely. The chances for passage of a bipartisan bill in Congress that would deter China from manipulating its currency have improved dramatically.

Killer Trade Deficits. Literally.

Scott Paul | Posted 05.25.2011 | Politics
Scott Paul

economically appeasing the Chinese government gets you something akin to the 1938 Munich Agreement: it may look good on paper, but the net result is ultimately disastrous and costly.

Obama Games China

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

It will be interesting to see if all this face-saving, indirect pressure will work. With Brazil and others joining the fray, it's likely the yuan will start its quiet climb in May or June.

China, Currency Manipulation and Globalism: The Big Backstory

Eric Ehrmann | Posted 05.25.2011 | World
Eric Ehrmann

Beijing orchestrated a two percent swing in the renminbi- dollar rate that has justifiably dampened profit taking by speculators and replicates renminbi market spreads against the Euro.