A tidal wave of cheap Chinese imports floods the national market.
Industries reel, companies crumble and factories close their doors for good.
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The livelihoods of countless families disintegrate.
Do you support tariffs on Chinese imports?
This could be a description of the original “China Shock,” the long-term result of the United States’ policy of “free trade” with China, which cost America 2.4 million jobs between 1999 and 2011.
But it also describes what countries across the globe are facing right now: a massive glut of vital industrial inputs and high-value goods, courtesy of Chinese overproduction. […]
— Read More: nypost.com
