Peter Navarro Responds to His Trade Critics

My op-ed on why trade deficits matter (“Why the White House Worries About Trade Deficits,” March 6) has generated a healthy debate. However, your March 10 lead editorial implausibly asserts, “Perhaps the best way to think about the U.S. trade deficit is not to think about it.” [Peter Navarro| March 22, 2017 |The Wall Street Journal] As…

China Targets World Leadership in Microchips

Jeff Ferry, Research Director, CPA The decision last month by microchip manufacturer GlobalFoundries to build a chipmaking plant in China reinforced fears in the U.S. technology industry over China’s ambitious plans to become a major player in the world semiconductor industry. While GlobalFoundries is a second-tier chipmaker and the technology destined for the China plant…