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Trade Deficit

Japan's Prices Rise For First Time In Two Years

AP | Posted 07.27.2011 | Business

TOKYO -- Japan's consumer prices in April rose for the first time in more than two years on a spike in energy and tobacco prices, the government said ...

The American Manufacturing Crisis and Why it Matters

Ian Fletcher | Posted 07.26.2011 | Business
Ian Fletcher

Our trade deficit is going to be balanced, the hard way or the easy way, eventually. And it will be essentially impossible for the U.S. to balance its trade without healthy manufacturing exports. Unless, of course, we are willing to reduce our standard of living.

The Manufacturing Rebound Is a Myth

Ian Fletcher | Posted 07.22.2011 | Business
Ian Fletcher

Talk of a manufacturing revival is in the air. America has, in fact, gained a quarter-million industrial jobs since the start of 2010. Unfortunately, this is less than 15 percent of the number lost during the recession.

Answering Objections to a Tariff

Ian Fletcher | Posted 06.21.2011 | Business
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.

The Deficit America Has Forgotten -- And Is Eviscerating The Middle Class

Dave Johnson | Posted 06.14.2011 | Business
Dave Johnson

A huge component of our budget deficit is the result of unemployment, much of it caused by the trade deficit.

The Wrong Deficit

Scott Paul | Posted 06.13.2011 | Politics
Scott Paul

One company in China, Foxconn, which produces for Apple and other name brands, created more jobs last year than the entire American manufacturing economy. Where's the outrage?

Both Imports And Exports Fell In February

Posted 06.12.2011 | Business

WASHINGTON (By Doug Palmer) - The trade deficit shrank in February as imports fell more than exports, according to a government report on Tuesday ...

Apply the Obama Doctrine to the Trade Problems With China

Gilbert B. Kaplan | Posted 05.29.2011 | Business
Gilbert B. Kaplan

We have one trade problem in this country that so far surpasses every other one that it is almost not worth talking about any of the others. The problem is Chinese subsidy practices.

We're Number Two: Why America Is Losing its Lead in Manufacturing and How We Can Get it Back

Scott Paul | Posted 05.25.2011 | Politics
Scott Paul

When IHS Global Insight revealed this week that China has passed the United States to lead the world in manufacturing output, the response from some i...

The Key to Rebuilding Workers' Power: Unrig the Rules

Dean Baker | Posted 05.25.2011 | Business
Dean Baker

As long as the economy is rigged to redistribute income upward, tax and transfer policies designed to help the middle class and poor will inevitably fail. This is a lesson that needs to be taken to heart fast.

China's Surprising Trade Deficit

AP | JOE McDONALD | Posted 05.25.2011 | Business

BEIJING — China reported a surprise trade deficit in February as surging prices for oil and other commodities pushed up its import bill. February...

March Madness: Washington Forgets About Jobs

Robert L. Borosage | Posted 05.25.2011 | Politics
Robert L. Borosage

Politicians aren't fools, so they talk constantly about jobs. Republicans have been taught to "finish the sentence," to end every recommendation with the phrase "to create jobs." Cut spending to create jobs. Cut support for jobs programs to create jobs. It's time to put aside the talking points: cutting spending costs jobs.

Currency Revaluation Won't Fix America's Trade Mess

Ian Fletcher | Posted 05.25.2011 | Business
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...

U.S. Manufacturing 'Red Hot'? Dream On

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

Forget raw-materials exports saving us. That idea drowns in the ocean of foreign crude oil we suck in every year--which causes us to run a deficit, not a surplus, in this sector.

Trade Solutions That Won't Work

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

If we are to understand the true scope of our problem and frame solutions that will work, these false hopes must be debunked forthwith.

Yes We Can! (Fix Our Trade Mess)

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

It's an utter mistake to think America is this big helpless giant with respect to its trade problems. The solutions are out there if we would but avail ourselves of them.

Keeping Strong IPR at the Top of the Trans-Pacific Trade Agenda

Robert Holleyman | Posted 05.25.2011 | Technology
Robert Holleyman

Want to bring down the US trade deficit? One easy way is to reduce software piracy.

American Manufacturing Slowly Rotting Away: How Industries Die

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

Losing positions in key technologies means that whatever brilliant innovations Americans may dream up, large-scale commercialization of those innovations will increasingly take place abroad.

The Biggest Bubble of All Has Yet to Pop

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

While a rich nation can indeed borrow a huge amount of money and has a lot of assets to sell off, this doesn't mean Santa has installed an ATM on every street corner. Which is what a lot of people seem to think.

America's Trade Deficit Is, Too, Real Money

Ian Fletcher | Posted 05.25.2011 | Politics
Ian Fletcher

Let's get back to first principles and carefully review why America's trade deficit represents real money and is therefore a real problem.

The Korea Trade Deal Is Lose-Lose

Lori Wallach | Posted 05.25.2011 | World
Lori Wallach

The bottom line for the U.S.-South Korea FTA is that some large U.S., Korean and Chinese multinational firms could gain at the expense of the majority of people in both countries.

Yes, American Manufacturing Really Is in Trouble

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

Critics ask how American manufacturing can possibly be in decline when US manufacturing output is at an all-time high. This sounds like a reasonable objection, but it's not.

Decline of U.S. Manufacturing: Factory Body Count and Epitaphs

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

The ongoing decline of American manufacturing is not an abstraction. Over the past decade, the United States has lost 53,224 factories.

Manufacturing in Decline; Establishment in Denial

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

The use of bad arguments to defend a position is a fairly strong telltale that the position cannot be defended with good arguments. This seems to be the case with the Korea FTA. NAM must think the public is fairly dumb to fall for its claims.

Hu Has a Solution to Fix Trade Imbalance?

Sunil Adam | Posted 05.25.2011 | World
Sunil Adam