Tag Archive for China – US exchange rate – US trade deficit – US wages – US competitiveness

U.S. Trade Policy – Time to Start All Over

Anger over the impact of international trade on jobs, wages, and opportunities was a major cause of Donald Trump’s election. As the Democratic Party’s politicians and pundits search through the rubble of Hillary Clinton’s candidacy for clues to her stunning…

A Cheaper Dollar Is Not Enough

My colleague Josh Bivens is right to call Christina Romer on her failure to note the importance of currency manipulation on the plight of U.S. manufacturing. But, he leaves us with the impression that the story ends there, and that a…