China’s Assault on Free Trade

It is easy to understand why most Americans do not view trade with China favorably. For over 30 years, it has been a lopsided affair. Since 1986, the U.S. trade deficit with China has grown an astounding 25,079%, leading many Americans to question the U.S. policy of supporting “free-trade” agreements. For investors, the outcome of this debate is critical. Will the U.S. become protectionist and reverse three decades of political support for free-trade agreements? Will the Chinese economy collapse as a result of decades of government manipulation of its currency to encourage exports?

Craig D. Hafer is an investment professional who writes on the market, the economy and current events with a focus how these stories may impact investors.

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