NEW REPORT: U.S. Trade Deficit with China Costing $37 Billion in Lost Wages Annually
A new study by the Economic Policy Institute (EPI) finds that a growing trade deficit with China has cost the U.S. billions of dollars in lost wages. In 2011 alone, unbalanced trade with the People’s Republic resulted in lost U.S. wages of $37.0 billion. The EPI study cites 2.7...