Trade deficit with Mexico has resulted in 682,900 U.S. jobs lost or displaced

In the Media

How the U.S. trade gaps hurts the economy
How does offshoring relate to America’s growing trade deficit? Both stifle job-creation, which in turn is affected by U.S. trade policy. Since 2001, for example, the U.S. trade gap with China has resulted in a loss of 2.8 million jobs, according to the Economic Policy Institute, a Washington think-tank. More broadly, a widening deficit can act as a drag on the economy by muting the job-creating effects of consumer spending. Why? Because when people hit their local mall or big-box retailer, what they buy is mostly made abroad.
CBS News | May 11, 2012
U.S. raises heat on China to open its economy
That imbalance hinders the U.S. economic recovery by stifling job creation. Between 2001 — when the People’s Republic entered the World Trade Organization — and 2011, America’s trade deficit with China has cost the U.S. 2.8 million jobs, the Economic Policy Institute concluded in a recent report. That includes nearly 2 million manufacturing jobs eliminated or displaced over that period, according to the Washington think tank.
CBS News | May 7, 2012
Businesses, Workers at Odds Over US, South Korea Trade Agreement
Voice of America | April 13, 2012
America’s Dying Industries: Report
The Huffington Post | April 13, 2012