¿No pasaran?
As a cynical Mexican once noted, the way to increase trade with the United States is simple — suppress the unions, go back to the one-party state and kill the students.
June 1989…
The rise in the United States’ trade deficit with China between 1989 and 2003 caused the displacement of production that supported 1.5 million US jobs. Some of those jobs were related to production or services that ceased or moved elsewhere; others were jobs in supplying industries. These jobs reflect the effect on labor demand – in lost job opportunities – in an economy with a worsening balance between exports and imports. Most of those lost opportunities were in the high-wage and job-hemorrhaging manufacturing sector. The number of job opportunities lost each year grew rapidly during the 1990s and accelerated after China entered the World Trade Organization (WTO) in 2001. The loss of these potential jobs is just the most visible tip of China’s impact on the US economy (Asia Times).
mexfiles.net 