Current trade, USA to China: 122 Billion dollars.
Current trade, China to USA: 440 Billion dollars.
(2013 year)
“Free trade for all”, except in reality, Free trade just for China.
I didn’t say anything about trade imbalance, I was talking about manufacturing. It’s purely a myth that we can “bring those jobs back” because we can’t. They’re gone forever, lost to a machine or to cheaper labor.
And the machines continue to get cheaper over time, so I wouldn’t be trying to build my economy on cheap labor, if I had the choice.
hummmm, I wonder what the numbers are with Russia?