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Essay text:
Most of these charges have little merit. But the misunderstandings behind them have opened the way to a trade war between the United States and China--one that, if it escalates, could do considerable damage to both sides.
??China is not stealing U.S. jobs or engaging in unfair trade practices to undercut U.S. economic might and export its way to global power. In fact, almost 60 percent of Chinese exports to the United States are produced by firms owned by foreign companies, many of them American. These firms have moved operations overseas in response to competitive pressures to lower production costs and thereby offer better prices to consumers and higher returns to shareholders...
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Common topics in this essay:
- A Trade War With China?
- Analysis Of The Us-China Trade
- China Trade Surplus
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