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Richmans' Trade and Taxes Blog
U.S. exports down in January
Howard Richman, 3/12/2010
According to preliminary trade statistics released yesterday by the Bureau of Economics Analysis, U.S. exports decreased from $143.2 billion in December to $142.7 billion in January, showing that President Obama's plan to double U.S. exports over the next five years is off to a rocky start.
Meanwhile, U.S. imports in January went down even more, from $183.1 billion in December to $180.0 billion in January, suggesting that the American economy is headed downward into another recession.
The good news is that the U.S. trade deficit went down. It should continue to go down so long as the United States economy deteriorates even faster than the world economy.
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- Rogoff predicts a U.S. Debt Crisis
- Morici expects good jobs report on Friday
- Lies, Damned Lies, and Chinese Statistics
- U.S. Corporations not helping China avoid Krugman's tariff
- Sidney Sherman traces start of America's decline to giving away our manufacturing to Asia
- Volcker is realistic about China
- Carbon tax: Sarcozy backs off, Sen. Kerry pushes forward.
- Peter Morici: Our current China policy is "appeasement"
- Krugman vs. Roach on US-China trade deficits
- Needed, a Cross-the-Board Tariff on Imports From China
- NY Times ignores China's R&D Rules
- Why Krugman's China Argument Matters
- Relative currency values are not static
- Obama's Trade Policy Agenda -- we're published in American Thinker this morning
- Krugman on China currency
- Revaluing the Yuan Will Not Balance Our Trade with China; Tariffs Will.
- 130 Congressmen sign letter to Treasury and Commerce Departments asking them to address Chinse currency manipulations
- Paul Krugman calls for 25% cross-the-board tariff on Chinese goods
- What is the real reason why the Obama administration won't do anything about China?
- Washington Post: There's nothing that we can do about Chinese mercantilism
- U.S. exports down in January
- GreenJobsGate
- The Obama Administration's Agenda to Balance Trade
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- Prof. Ralph Gomory on Thomas Friedman's Innovation Delusion
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- How not to export your way out of a recession
- Bipartisan group of fifteen senators call upon Commerce Department to investigate China's currency manipulations
January 2010
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- Peter Morici: Free Trade is Failing America
- Calla Wiemer misunderstands Chinese mercantilism in Wall Street Journal
- Levy Economics Institute's analysis of Import Certificates to balance trade
- US wins WTO appeal on China's non-tariff barriers against US movies, music, and games
- Prof. Krugman and Chinese Mercantilism
- China agrees to modify export subsidies
Outside Links:
Wikipedia:
Journal of Economic Literature:
Atlantic Economic Journal: