A selection of merchandise made in the US for sale at a Walmart store in Arkansas. The company says it is "leading an American renewal in manufacturing" and "bringing jobs back to the US" with a pledge to buy an additional US$50 billion in US-made goods over the next 10 years. Photo: Reuters A selection of merchandise made in the US for sale at a Walmart store in Arkansas. The company says it is "leading an American renewal in manufacturing" and "bringing jobs back to the US" with a pledge to buy an additional US$50 billion in US-made goods over the next 10 years. Photo: Reuters
A selection of merchandise made in the US for sale at a Walmart store in Arkansas. The company says it is "leading an American renewal in manufacturing" and "bringing jobs back to the US" with a pledge to buy an additional US$50 billion in US-made goods over the next 10 years. Photo: Reuters
Comment /  Opinion

America should not blame trade – or its trading partners – for its ills

Allen Yu says US politicians like to lament that trade has hollowed out American industry, but facts show that US manufacturing productivity is at its highest ever, and trade is good for all sides

Allen Yu
Allen Yu

Updated: 2:54pm, 20 Jul, 2018

Why you can trust SCMP
A selection of merchandise made in the US for sale at a Walmart store in Arkansas. The company says it is "leading an American renewal in manufacturing" and "bringing jobs back to the US" with a pledge to buy an additional US$50 billion in US-made goods over the next 10 years. Photo: Reuters A selection of merchandise made in the US for sale at a Walmart store in Arkansas. The company says it is "leading an American renewal in manufacturing" and "bringing jobs back to the US" with a pledge to buy an additional US$50 billion in US-made goods over the next 10 years. Photo: Reuters
A selection of merchandise made in the US for sale at a Walmart store in Arkansas. The company says it is "leading an American renewal in manufacturing" and "bringing jobs back to the US" with a pledge to buy an additional US$50 billion in US-made goods over the next 10 years. Photo: Reuters
READ FULL ARTICLE