Eagle Forum Legislative Alerts

Monday, May 07, 2012

Free Trade with Communist China Is a Racket

The whole idea of free trade with China is a colossal racket. We play by the rules, and China cheats us coming and going. China steals our patents and manufacturing secrets, and violates the rules of the World Trade Organization to which they agreed when they joined. Communist China's strategy is to spy and steal in order to become the number one superpower in the 21st century. The Chinese engage in massive intellectual property theft in order to get every kind of technology: aerospace, biotech, information, and energy. The Chinese force U.S. corporations to give China their technology and manufacturing secrets as the price of being able to locate a plant in China. The Chinese subsidize their exports in order to sell their products cheaply in the United States, and the Chinese impose high tariffs on imports in order to protect their home market. For example, a Detroit-made Jeep Grand Cherokee sells for $27,490 in the U.S., but $85,000 in China.

U.S. Trade Ambassador Ron Kirk, recently interviewed on Fox News, demanded that we be nice to Communist China lest we start a "trade war." But as Robert Atkinson, president of the Information Technology and Innovation Foundation said, "The trade war has already been going on for five or ten years. ... and we're losing."

Chinese Communist officials must be laughing all the way to the bank at U.S. self-deception about free trade. What the Chinese mean by free trade is that the United States is bound by rules, but China gets our manufacturing technology free, sells us shoddy and sometimes poisonous merchandise, and uses its profits to build a military to overtake ours.

For years, U.S. free traders have been promising that we will soon be exporting our products to China. But what we are really exporting to China is U.S. jobs.

Listen to the radio commentary here:

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