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Opinion

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EDWARD L. GLAESER

The sound of saber-rattling against China

By Edward L. Glaeser

 |   

  January 27, 2012

President Obama celebrated the Year of the Dragon by “announcing the creation of a Trade Enforcement Unit that will be charged with investigating unfair trading policies in countries like China.’’ Mitt Romney wants to begin his presidency “by designating China as the currency manipulator it is.’’ We couldn’t impose our will on Beijing when Douglas MacArthur led an army toward the Yalu River, and we have far less power today. American consumers will pay the price for trade sanctions on China.

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