Trading Barbs over Foreign Trade

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It's a pretty reliable applause line on the campaign trail: As President I will stand up to China. The US actually has brought an unfair trade case against China before the World Trade Organization, but a bill that would get tough on Chinese currency manipulation languishes in Congress with neither candidate's prodding his party to push it along. Can one country really bully around a trade partner that it owes $1.2 trillion? How unfair is the game that China's playing? We discuss the economics of trade, the reality of the Chinese economy and the realistic options for any American president.

Credits

Guests:
Joshua Meltzer - Brookings Institution, Steven Dennis - Bloomberg - @StevenTDennis, Greg Anderson - business consultant and author - @GE_Anderson, James Fallows - Atlantic - @JamesFallows

Host:
Mike Pesca

Producers:
Frances Anderton, Caitlin Shamberg, Evan George