Trade

5:06pm

Fri September 28, 2012
It's All Politics

In Ohio, Obama and Romney Duel Over Trade With China

Republican presidential candidate Mitt Romney speaks during a roundtable discussion on manufacturing this Wednesday in Bedford Heights, Ohio.
MANDEL NGAN AFP/Getty Images

If there is a boogey man in the Ohio presidential sweepstakes, it's China. According to Bloomberg, the Democratic and Republican presidential candidates have aired nearly 30,000 ads that mention trade with China, many airing in the key swing state of Ohio.

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5:01pm

Fri September 28, 2012
The Two-Way

Tomato Wars Ahead? U.S. Dubious On Extending Mexico Trade Deal

Originally published on Sun September 30, 2012 8:09 pm

A worker separates tomatoes at a market in Mexico City. The Commerce Department says it might act to end a 16-year-old trade deal governing fresh Mexican tomatoes sold in the U.S.
Gregory Bull AP

Talk of a Tomato War is simmering in agricultural circles, after the U.S. Commerce Department issued a report Thursday that recommends ending an agreement on how fresh tomatoes grown in Mexico are sold in the United States. The issue could create an expanding trade conflict; Mexican officials have said they would retaliate to defend the tomato growers.

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3:06pm

Tue September 25, 2012
Planet Money

Episode 405: Cheating, Stealing And Quantitative Easing

Originally published on Fri September 28, 2012 12:10 pm

It could be worse.
Justin Mclean Flickr
  • Listen to the Episode

1:01pm

Thu September 20, 2012
Planet Money

Are Chinese Exporters Cheating?

Originally published on Mon September 24, 2012 12:35 pm

Workers assemble one of the many car models at Chinese carmaker's Chery Automobile plant in Wuhu, east China's Anhui province.
STR/AFP/Getty Images

The Obama administration filed a lawsuit with the World Trade Organization this week alleging that China is illegally subsidizing its auto industry.

The US says China provides cheap loans and grants and other incentives to their car industry, and that these favors go to companies who are already successful exporters. That, says US Trade Representative Ron Kirk, is unfair.

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3:27pm

Mon September 17, 2012
Planet Money

The U.S. Is Selling More Stuff Than Ever To The Rest Of The World

The economy is not doing well. Unemployment is high, homes are worth what they were in 2003, and growth is weak.

But one sector is doing great: exports. They've been growing about four times as fast as the overall economy since the beginning of 2010.

This is part of a longer-term trend. Despite the myth that the U.S. doesn't make anything anymore, U.S. exports have actually been contributing a larger and larger share of the U.S. economy since the 1970s.

What's going on?

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