US trade deficit

The End of Cheap Chinese Goods

At The New York Times, Floyd Norris presents a series of charts illustrating Chinese clothing exports’ rising prices, and possible consequences for the US economy: When Chinese trade was helping to push down prices for...

US-China Trade Deficit Grows to Record $270bn

The U.S. trade deficit with China is the highest on record, the Guardian reports: The gap between US imports from China and what it sold to the country rose to $273.1bn (£170bn) last year, the largest trade imbalance the US has...

U.S. Launches First Trade Probe of 2010 Against China

From Reuters: The U.S. government will investigate charges that Chinese companies are selling oil well drill pipe in the United States at unfairly low prices, the Commerce Department said on Thursday. It is the first U.S. trade...

Chewy Chicken Feet May Quash a Trade War

From the New York Times: China is threatening to cut off imports of American chicken, but poultry experts have at least one reason to suspect it may be an empty threat: Many Chinese consumers would miss the scrumptious chicken...

David Brooks: Chinese Fireworks Display

From the New York Times: On July Fourth, we think about our country and its future. But these days it’s impossible to think about America and its future role in the world without also thinking about China. This was the subject...

Obama Says China Must Stop Manipulating Currency

Reuters reports that presidential candidate Barack Obama is saying China’s trillion dollar surplus is “directly related to its manipulation of its currency’s value” in a letter written to the U.S....

China Debunks `Domino Theory’ in World Markets

Given all the recent US government bluster about the value of China’s yuan, the topic got startlingly little play in the just-concluded round of talks between the US Treasury Secretary and Chinese Vice-Premier Wang Qishan....

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