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Foreign Trade

Polls Show Americans Oppose Our Trade Policy but Like Trade

Lori Wallach | Posted 05.11.2015 | World
Lori Wallach

Americans support trade in general but oppose the NAFTA model of trade that has offshored U.S. jobs, spurred massive deficits, stagnated middle-class wages and contributed to unprecedented levels of U.S. income inequality.

The Curious Case of Brazil's Closed Economy

Otaviano Canuto | Posted 03.23.2015 | World
Otaviano Canuto

Brazil's is an unusually closed economy as measured by trade penetration, with exports plus imports equal to just 27.6 percent of GDP in 2013. Brazil's large size is often used to explain its relative lack of openness. But this argument does not stand up to scrutiny.

NAFTA, Twenty Years After: A Disaster

Jeff Faux | Posted 03.03.2014 | Politics
Jeff Faux

That trade system has not delivered the promised benefits because it was designed not to. The agreements traded away the interests of American workers in favor of the interests of American corporations.

What Chinese Steel Means to U.S. Savers

Richard Barrington | Posted 05.28.2012 | Business
Richard Barrington

Sometimes the world economy seems like a giant spider web: Touch one part and the vibrations are felt throughout the structure. So it is that slowing demand for steel in China could have an impact on U.S. savings accounts.

China's Slowdown Sends A Chill Through Its Trade Partners -- Including The U.S.

AP | JOE McDONALD | Posted 05.25.2011 | Business

BEIJING — China's abrupt growth slowdown is sending a chill through Asian economies and as far away as Australia and Africa as its voracious demand ...

China

The Big Money | Daniel Gross | Posted 05.25.2011 | Business

In July 2009, China held $800 billion of U.S. Treasury securities, up from $550 billion in July 2008, according to the Treasury Department. China, whi...

Quiet Conspiracy

Sen. Fritz Hollings | Posted 05.25.2011 | Politics
Sen. Fritz Hollings

The President, as he dithers on how to get in a war that he should be out of, has called a White House summit on jobs to dither about how to stay out of the Trade War that we ought to be in.

Hickory, N.C: Jobs Go Abroad, Unemployment Surges

Peter Whoriskey | Posted 05.25.2011 | Business

HICKORY, N.C. -- The expansion of global trade may enrich the United States, as economists say, but it has overwhelmed this manufacturing area beside ...

What Will an Economic Recovery Build Upon?

Garrett Johnson | Posted 05.25.2011 | Business
Garrett Johnson

The economy: Has it bottomed? Are we recovering? Will we see a "V" shaped bounce? Or a "U"? Or a "W"? Let's examine exactly what is going to lead this economy out of our deep recession.