Trade and Globalization

Trade and globalization policies have major effects on the wages and incomes of American workers and on the vitality of American industries such as manufacturing. EPI research identifies the economic benefits accruing to the nation, states, and congressional districts from negotiating better trade agreements and curbing currency manipulation and other unfair trade practices.

$37.0 Billion in Lost Wages

$37.0 Billion in Lost Wages

The trade deficit with China cost the U.S. economy $37.0 billion in lost wages in 2011. Annual wage losses will increase if the U.S. trade deficit with China increases, as it did in 2012. Read the report

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