Guest Commentary
A Conservative Estimate of ‘The Wal-Mart Effect’
Guest Commentator
Due to its own growing trade deficit with China, Wal-Mart alone was responsible for the loss of more than 400,000 U.S. jobs, 13.2 percent of total U.S. jobs lost in this period.
In the long history of false promises made by trade negotiators, the claim that China’s entry into the World Trade Organization (WTO) in 2001 would reduce…
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