Max Ehrenfreund reports in The Washington Post that two economists have posited a theory that the U.S. trade imbalance with China and subsequent de-industrialization has had fatal consequences for American workers.
As Donald Trump called for cracking down on Chinese currency manipulation, other candidates—most notably, Marco Rubio—argued against Trump.
Republican presidential candidate Carly Fiorina stated that when China’s ships approach the Bering Strait “our warplanes ought to go out and escort them,” and the US should talk with China “about perhaps asking them to play by the same rules
South Carolina Senator and Republican presidential candidate Lindsey Graham declared that “China cheats” on trade and “we don’t do a damn thing about” its currency manipulation at the Voters First Presidential Forum in New Hampshire on Monday. Graham was asked,
As West Coast union dockworkers celebrate a tentative agreement for a five-year contract featuring even higher wages and benefits than the current $1,200-per-day, shipping companies intend to introduce new mega-container-ships and port handling equipment that will help automate away many union jobs.
