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Richmans' Trade and Taxes Blog
Krugman on China currency
Howard Richman, 3/17/2010
Comment by Hal, 3/20/2010:
Trying to force China to revalue its currency won't do the US much good, since if it did, we would merely shift our buying to other cheap Asian suppliers. It would however be harmful to China and I doubt China would find that acceptable. Krugman is one of those who blames America's problems on others, rather than on itself, where the blame should be placed.
Response to this comment by Howard Richman, 3/20/2010:
If the United States shifted its buying to other suppliers who did not practice mercantilism, such as Mexico, then it would do a lot of good. The Mexicans don't manipulate currencies. When they get richer, they buy more American products.
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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
- British exports see biggest fall in three years
- Heritage Foundation's Terry Miller claims Obama is a mercantilist
- Trading Away Productivity - Tonelson and Kearns in March 5 NY Times
- Unemployment report shows stagnant economy in February
- Prof. Ralph Gomory on Thomas Friedman's Innovation Delusion
- Commerce Dept. sets miniscule tariff on Chinese glossy paper
- Obama: 'It's very hard to ship windows from China'
- 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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- 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
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