Table of Contents

Foreword 13

Introduction 16

Chapter 1 Does Trade with China Benefit the United States?

Chapter Preface 21

Yes: Trade with China Benefits the United States

China Has Not Been a Major Cause of U.S. job Losses Daniel T. Griswold 24

The U.S. China Trade Relationship Is Mutually Beneficial 29

Oxford Economics

Advantages of Trade with China Outweigh the Disadvantages Craig K. Elwell Marc Labonte 36

No: Trade with China Does not Benefit the United states

Trade with China Costs American Jobs Robert B. Scott 41

U.S. Trade Imbalance with Chine Is Unsustainable James Fallows 49

Chapter 2 Who Oversees the Quality and Safety of Chinese Imports?

Chapter Overview Murray M. Lumpkin 60

American and Chinese Supervision Is Crucial to Ensure Quality of Chinese Products David J. Lynch 67

China Has Taken Action Against Substandard Products 74

Consulate General of The People's Republic of China in Chicago

The U.S. Government Is Taking More Responsibility for Consumer Safety Peter Grier 78

Policymakers Are to Blame for Tainted Imports Rick Weiss 82

Chinese Producers Maintain Low Standards 90

WorldNetDaily

Chinese Producers Are Exporting Increasingly Dangerous Products Jim Ostroff 96

Chapter 3 Is the Trade Deficit with China a Threat to the U.S. Economy?

Chapter Preface 100

Yes:The Trade Deficit with China Is Threat to the U.S. Economy

U.S. China Trade Has Distorted the American Economy Thomas I. Palley 103

The U.S.-China Trade Deficit Could Cause Economic Disaster for the United States Jack Davis 107

The Economic Threat from China Is Real Paul Craig Roberts 112

No: The Trade Deficit with China Is Not a Threat to the U.S. Economy

Trade withChina Has Helped the U.S. Economy Geoffery Garrett 118

The U.S.-China Trade Deficit Will Be Short-Lived Li Jin Shan Li 121

The United States Should Appreciate the Cheap Goods from China Michelle Bussenius 126

Chapter 4 Should the United States Toughen Its Trade Policy Toward China?

Chapter Overview Mark Trumbull 131

Yes: The United States Should Toughen Its Trade Policy Toward China

It Is Time to Reduce the Trade Deficit with China Peter Morici 135

The United States Should Take Action Against China's Mercantilist Practices Howard Richman Raymond Richman Jesse Richman 139

The United States Should Crack Down on China's Unfair Trade Practices 144

Hillary for President

The United States Must Level the Playing Field with China Peter Navarro 151

No: The United States Should Not Tought Its Trade Policy Toward China

Reducing the U.S.-China Trade Deficit Should Not Be a Primary U.S. Objective Steve H. Hanke 154

Congress Should Look to American Practices to Solve the Deficit James A. Dorn 158|

The United States Should Not Blame China for the Trade Deficit Robert J. Shapiro 162

Protectionism Trade Policies Could Hurt the Global Economy Daniel Ikenson 165

Organizations to Contact 174

Bibliography 180

Index 186