RadioBDC Logo
Water Fountain | tUnE-yArDs Listen Live
THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING
Jeff Jacoby

Romney’s threat to China

His call for tariffs would hurt American consumers

(Istockphoto/heather hopp-bruce/globe staff)
By Jeff Jacoby
Globe Columnist / October 26, 2011

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

Your article has been sent.

Text size +

Whipping up resentment against foreign trading partners is a time-honored way for candidates of both parties to score cheap political points. Romney’s China-bashing today is reminiscent of the Japan-bashing that candidates like Pat Buchanan and Dick Gephardt sought to ride to the White House a generation ago. What makes this candidate’s protectionist rabble-rousing so disappointing is that he knows perfectly well how superficial and spurious it is. It may be true, as Romney and others claim, that China artificially undervalues its currency, thereby making Chinese goods less expensive to import than they otherwise would be. It’s easy to understand why some manufacturers might not happy about that, but for US consumers generally China’s policy is a blessing.

For more from BostonGlobe.com, sign up or log in below

To continue, please sign up or log in to BostonGlobe.com

Access the full articles and quality reporting of The Boston Globe at BostonGlobe.com

Sign up

Unlimited Access to BostonGlobe.com for 4 weeks for only 99¢.

Are you a Boston Globe home delivery subscriber?

Get FREE access as part of your print subscription.

BostonGlobe.com subscriber

Click to continue reading this article or to log in to BostonGlobe.com.