Offshoring by firms, not China, source of massive US trade deficit: Economist
54PM [Updated: Sat Aug 24, 2019 06:09PM ]/ US President Donald Trump has correctly recognized that American companies that have offshored US manufacturing to low wage countries like China are the primary reason for the massive US trade deficit and loss of millions of factory jobs in the US, says an American economist and author. “Perhaps President Trump has finally realized that the problem is not really China sending Chinese goods to the United States, but the American global corporations who have moved offshore their production for ...
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