Currency Manipulation

The China Syndrome

Scott Paul | Posted 05.04.2012

Scott Paul

Ten years after the United States officially ended its yearly review of China's trade status, no one can credibly argue that China is any freer or more attentive to human rights, nor can they claim the United States is better off economically.

Will the AME, NAM and NACFAM Alliance Revitalize Manufacturing?

Michele Nash-Hoff | Posted 05.07.2012

Michele Nash-Hoff

The Association for Manufacturing Excellence (AME) is joining with leading organizations, such as the National Association of Manufacturers (NAM), and...

Fictional Davos Discussion Between Tim Geithner and China's He Yafei

Howard Steven Friedman | Posted 04.03.2012

Howard Steven Friedman

The following conversation did not take place... but wouldn't it have been interesting if it did? Geithner: Glad I found you. We really need to talk...

Treasury Dept. Declines To Name China As Currency Manipulator

AP | CHRISTOPHER S. RUGABER | Posted 02.26.2012

WASHINGTON — The Obama administration on Tuesday declined to label China a currency manipulator after seeing recent increases in the value of th...

Think Different about Chinese Currency Manipulation

Peter Navarro and Greg Autry | Posted 01.17.2012

Peter Navarro and Greg Autry

We should address this clear and present danger to our economy and our sovereignty straight on and cut off Beijing's purchases of American debt. Shutting off China's access to this currency disposal site will break their sterilization system.

Jon Ward

Mitt Romney's Aggressive China Rhetoric Questioned By Conservatives

HuffingtonPost.com | Jon Ward | Posted 12.13.2011

WASHINGTON -- President Obama submitted three long-awaited free trade agreements to Congress this month, which were quickly ratified Wednesday, but Re...

Trade Policy: Countering the Walmart Effect

David Coates | Posted 12.12.2011

David Coates

Our current trade imbalance with China will not be fixed by currency manipulation alone, because American economic vulnerability is not rooted simply in the relative strength of the dollar.

Currency Bill Is a Small Victory Against Currency Manipulation

Ian Fletcher | Posted 12.12.2011

Ian Fletcher

Small steps like Currency Exchange Rate Oversight Reform Act are the hard, boring stuff out of which significant political progress is made. It won't be easy, but clearly the political momentum is in favor of doing something about this problem.

Is Romney for Real on Trade?

Ian Fletcher | Posted 11.09.2011

Ian Fletcher

If Romney truly understands the underlying economics of our present trade mess, he knows that the present order is unsustainable. And he -- and his backers -- probably calculate that they'd rather have a Republican clean it up than a Democrat.

Why a Strong Dollar Is a Terrible Idea

Ian Fletcher | Posted 10.19.2011

Ian Fletcher

The dollar needs to be dispassionately evaluated for the costs and benefits of any particular price it bears, not misunderstood as a totem of national vitality.

What Is the Secret Behind China's Cheap Prices?

Michele Nash-Hoff | Posted 10.24.2011

Michele Nash-Hoff

Most people would say it's no secret and that the answer is obvious -- lower wages in China compared to the United States. However, labor is only one part of the total cost of a product.

Revaluation of the Chinese Yuan Would Improve the U.S. Trade Balance

Robert E. Scott | Posted 10.01.2011

Robert E. Scott

Revaluation by China and other Asian currency manipulators could help reduce the U.S. current account deficit, which increased $94.3 billion (25.1 percent) in 2010.

Answering Objections to a Tariff

Ian Fletcher | Posted 06.21.2011

Ian Fletcher

Even free traders thinking through how to save as much of free trade as they can should take the option of a tariff seriously. They're running out of time.

Putting U.S.-China Trade in its Proper Perspective

Robert E. Scott | Posted 06.11.2011

Robert E. Scott

U.S. export growth to China looks impressive in isolation. But this is a biased and one-sided view -- exports have been overwhelmed by the growth of U.S. imports from China and the bilateral trade deficit, as shown in the graph below.

Libya Ceasefire, Yen Stabilization Help Stock Market Rally On Friday

Reuters | Al Yoon | Posted 05.25.2011

NEW YORK (Reuters) - Global stocks rose on Friday as traders took on riskier investments following a Libya ceasefire that reduced tension in the reg...

Why "Fair" Trade Is Not The (Whole) Answer

Ian Fletcher | Posted 05.25.2011

Ian Fletcher

The idea of "fair" trade is very appealing, whether confronting the plight of autoworkers in Michigan or farmers in the Third World. Unfortunately, it will be only a small part of any trade solution for the U.S. and the world as a whole.

If Gary Locke Goes To China...

Scott Paul | Posted 05.25.2011

Scott Paul

Secretary Locke -- our next ambassador to China if confirmed by the Senate -- will need to clean up a mess decades in the making.

Currency Revaluation Won't Fix America's Trade Mess

Ian Fletcher | Posted 05.25.2011

Ian Fletcher

It is sometimes suggested that our trade problems (job losses, international indebtedness) will go away on their own once currency values adjust. Bott...

Exports and Jobs: Less Than Half the Story

Robert E. Scott | Posted 05.25.2011

Robert E. Scott

It's time to end unfair trade practices, and to do that the President needs a new crop of advisors who care more about American job creation than outsourcing and MNC profits.

China's President Is Here: Can There Be a Breakthrough in US-China Relations?

Danny Schechter | Posted 05.25.2011

Danny Schechter

On the eve of the Chinese President's visit to the United States, and in the midst of intense speculation about his intentions--and ours--I found myse...

The Chinese Yuan vs. the Power of the Dollar

Daniel Wagner | Posted 05.25.2011

Daniel Wagner

In the absence of any realistic alternative to replace the supremacy of the dollar, it is likely to remain the dominant global currency for many years to come. No other currency is more widely accepted or used.

The State of the Union Is Uneasy

Scott Paul | Posted 05.25.2011

Scott Paul

President Obama delivered just the right speech in Tucson. Can he replicate that performance for his State of the Union address on Jan. 25? For the ...

Stiglitz To Obama: The Fed's Latest Move Will Hurt Other Nations

WSJ | Alex Frangos | Posted 05.25.2011

Nobel Prize-winning economist Joseph Stiglitz, dismissing the Federal Reserve's quantitative easing as a "beggar-thy-neighbor" strategy of currency de...

How the Fed Started an Economic World War: Let the Currency Wars Begin

Bob Samuels | Posted 05.25.2011

Bob Samuels

If we follow current global economic trends to the logical conclusion, most of the money in the world will soon be held by a small group of investors who will hold no allegiance to any nation or ideology.

Put on Your Workboots, America

Gilbert B. Kaplan | Posted 05.25.2011

Gilbert B. Kaplan

America has sent a strong message: we will not sit idly by while the folks in Washington ignore the jobs situation. And yet by not acting, that is exactly what the Senate will be doing.