'Made in U.S.A.' Isn't a Hot Label on Goods in China

February 26, 2006
The Count
'Made in U.S.A.' Isn't a Hot Label on Goods in China
HUBERT B. HERRING
'Made in U.S.A.'

Isn't a Hot Label

On Goods in China

It has become an automatic reflex: mention the trade deficit, and the
word "China" pops to mind. It is awfully easy to conjure images of wave
upon wave of "made in China" stuff inundating our shores, dwarfing the
influx from elsewhere.

Not so. Even though the ideas of "made in Europe" or "made in Canada"
have no dire reverberations, both Europe and Canada send us far more
goods than China does, as can be seen yet again in the latest numbers
from the Bureau of Economic Analysis.

The problem is not what we are buying from China, but what China is not
buying from us. You do not see a lot of "made in U.S.A." labels there
- at least in part, economists say, because China's currency is kept
artificially depressed, making price tags with dollar signs seem too
lofty.

While the second word the deficit brings to mind may be "oil," the
United States' imports of all goods from all OPEC nations were half
those from China. Then again, the data shows, "made in U.S.A." barely
exists in Saudi Arabia. HUBERT B. HERRING

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