The “Seattle Post Intelligencer(link to the P.I. editorial page)”:http://seattlepi.nwsource.com/opinion/144008_traded.html asks the right questions about the US trade imbalance with China. bq. Ten of China’s top 40 exporters are U.S. companies with local factories. Many of these make things that stretch U.S. paychecks because they’re sold at the always low prices at Wal-Mart. Does the president really want to add a 10 percent or 20 percent tax increase onto everything from towels to televisions?
Peter Gallagher is student of piano and photography. He was formerly a senior trade official of the Australian government. For some years after leaving government, he consulted to international organizations, governments and business groups on trade and public policy.
He teaches graduate classes at the University of Adelaide on trade research methods and the role of firms in trade and growth and tweets trade (and other) stuff from @pwgallagher