Trade

Articles and information about trade.

Show Only ...
Maps - Photos - Videos

‘Our worst fears seem to be coming true’

|

Illinois pork farmer on Chinese tariffs: ‘Our worst fears seem to be coming true’

"Pork exports to China are smaller, but growing. Nationally, more than $660 million in pork — including “variety meats” like ears, hooves and organ meat — was exported to China last year, according to Tamara Nelsen, senior commodities director for the state farm bureau. Because those products are sold to smaller-budget, price-sensitive Chinese consumers, the tariffs could hurt demand and therefore pricing, Nelsen said."

NAFTA and other trade deals have not gutted American manufacturing — period

|

NAFTA and other trade deals have not gutted American manufacturing — period

A manufacturing job making things in a factory is no longer, in any sense, a typical job for Americans. A sector of the economy that provided three out of 10 nonfarm jobs at the start of the 1950s and one in four nonfarm jobs at the start of the 1970s now provides fewer than one in 11 nonfarm jobs today. Proportionally, the United States has shed almost two-thirds of relative manufacturing employment since 1971.