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| Name | China Shock Has Decimated 5.7M U.S. Jobs Since the 2000s. Now, It’s Back. | WSJ Then vs. Now |
| Video Uploader | Video From The Wall Street Journal |
| Upload Date | This Video Uploaded At 05-07-2024 14:00:21 |
| Video Discription | The U.S. was flooded with cheap Chinese-made goods that helped keep inflation low in the late 1990s and early 2000s. Manufacturing jobs declined by 5.7 million from 2000 to today, in what economists call “China Shock.” Now, those imports from China are surging again in industries like EVs, semiconductors and renewable energy. WSJ looks at what’s different this time around – and what that means for American jobs and the U.S. economy. Chapters: 0:00 Chinese imports 0:46 Jobs 3:21 Tariffs and regulation 4:34 What’s next? #China #Economy #WSJ [SreJlZGd1c0] |
| Category | News & Politics |
| Tags | china | china news | china shock | china shock 2.0 | chinese exports | unemployment | us economy | manufacturing jobs | wto | world trade organization | us consumers | american factories | jobs data | apple | hp | cisco | china manufacturing | auto alley | japan | auto industry | car manufacturing | semiconductor | chip making | renewable energy | china us relations | us china trade war | trade barriers | foreign goods | tariff | tariff on chinese ev | chinese tariffs | imports | inflation | china trade | wonews |
