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  1. Jul 2024
    1. Dueto the cheaper cost of manufacturing in China, manyU.S. companies have outsourced their labor abroad.This has resulted in a massive trade deficit betweenthe U.S. and China and has led to a loss of around 2.4million jobs since 2013, or almost two-thirds of allU.S. manufacturing jobs

      for - stats - US trade deficit with China

      stats US trade deficit with China - Due to the cheaper cost of manufacturing in China, many U.S. companies have outsourced their labor abroad. - This has resulted in - a massive trade deficit between the U.S. and China and - has led to a loss of around 2.4 million jobs since 2013, or - almost two-thirds of all U.S. manufacturing jobs