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The Trade Deficit With China

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The Education Wonks have a piece that works up some of the trade numbers with China and the recent selling of IBM's computer division to a Chinese company. Here's a little taste.
The United States levies import taxes of about 5% on Chinese goods coming into the country.

China levies a tax of about 30% on U.S. manufactured products being imported into their country.

China is killing our job markets. Along with India they are wiping out out a lot of good paying US jobs. I'm all for business, but not at the expense of American workers.


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Posted by Digger on December 10, 2004 03:57 AM (Permalink)

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