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Friday, August 21, 2015

The Trade Deficit is Responsible for Manufacturing Job Loss | Economic Policy Institute

 "A rising trade deficit indicates that U.S. manufacturers are losing business to manufacturing industries in other countries like China and Japan, who manipulate their currency to make their goods cheaper and therefore more appealing to consumers in the United States and elsewhere. This leads to reduced demand for goods produced by U.S. manufacturers, both at home and abroad." | Economic Policy Institute
The Trade Deficit is Responsible for Manufacturing Job Loss
AfrocatioN ™  Knowledge Is Key ®