enter around both nations’ legitimate desires to protect some current l
ow-skilled jobs, or at least to allow an easier transition to new jobs and industries.
US administration’s economic policy has rightly focused on the need to retain jobs for working-class people in the US. And, Ch
ina’s companies that export to the US also largely now employ less-skilled working-class people. However, neither the
US nor China can expect to keep, much less get back, low-wage, low-skilled manufacturing jobs.
Many people have the impression that Chinese goods are dominant in US markets. That is true only in a few highly compe
titive, low-profit sectors. According to US Commerce Department data, China has more than 50 percent of the US
market in such items as umbrellas, toys, prepared feathers, footwear, straw products, and bedding.