Does China-US Trade Have an Impact on Employment of the United States?

Abstract

International trade's real impact on domestic employment has always been controversial. In the 2016 presidential election, Donald Trump strongly argued that China-US Trade had resulted in many unemployed since China's accession to the WTO. Does China-US trade have an impact on the United States employment, and how does it affect employment? This is the main issue discussed in this paper. In the first part, this paper briefly introduces the status of China-US trade and the United States employment. Then, the second part discusses whether China-US trade has an impact on employment in the US and how it affects employment, and mainly argues allocation costs and adjustment costs of trade shocks as well as other factors of high unemployment of the United States, such as technology. The third part will give some advice about the problem of unemployment in the United States. The final part is a conclusion.