Study says Chinese trade is hurting U.S. workers

Posted by Rob Hotakainen on September 30, 2013 

Trade with China is driving down U.S. wages and resulting in big job losses for Americans, according to a study released today by a Democratic-leaning Washington think tank.

The study by the Economic Policy Institute found that the growing trade deficit with China has cost the U.S. billions of dollars in lost wages: $37 billion in 2011 alone.

Between 2001 and 2011, the trade deficit eliminated 2.7 million U.S. jobs, with nearly 77 percent of them in the manufacturing sector, the study said.

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