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Did China or Automation Lead to US De-industrialization?

West Exit of Zhengzhou East Railway Station. Zhengzhou, in China's Henan province, is famous for its "iPhone City" (photo by  Windmemories   via Wikimedia Commons) Automation has become a major topic of debate in the United States. A recent study by Oxford Economics claimed that robots could take over 20 million manufacturing jobs around the world by 2030. Democratic presidential candidate Andrew Yang has made the fight against automation's disruption of the labour market one of the central themes of his campaign. "Technology is quickly displacing a large number of workers, and the pace will only increase as automation and other forms of artificial intelligence become more advanced," Yang wrote on his campaign website. "⅓ of American workers will lose their jobs to automation by 2030 according to McKinsey. This has the potential to destabilize our economy and society if unaddressed." Amid Donald Trump's "trade war" with

'Do They Think This Is 1840?' Chinese Media Criticizes US For Demanding Trade Deficit Reduction

President Donald J. Trump and President Xi Jinping on July 8, 2017 (Official White House Photo by Shealah Craighead, via Wikimedia Commons) On May 4 the Trump administration demanded that the Chinese government implement measures to cut its $200 trade surplus with the United States, lower import tariffs and reduce advanced technology subsidies. A US delegation headed by Treasury Secretary Steven Mnuchin  arrived in Beijing on May 3 to hold  trade talks  with Chinese Vice Premier Liu He. Chinese media published a document allegedly submitted by the US delegation to the Chinese side during the negotiations. "At present, the United States-China trade relationship is significantly imbalanced," the paper states. "United States investment and the sale of services into China remain severely constrained. China's industrial policies now targeting U.S. technologies and intellectual property pose significant economic and security concerns to the United States.