At APEC trade meeting, union leaders call for new ‘balance’ with China


Source: reuters.com reuters.com

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DETROIT, May 25 (Reuters) - U.S. trade policy with China and other nations must strike a more equitable balance between needs of workers and corporate profits, leaders of two big U.S. unions said at the Asia Pacific Economic Cooperation trade ministers meeting on Thursday. "We're not anti-trade," United Auto Workers union President Shawn Fain said during a panel discussion led by U.S. Trade Representative Katherine Tai. "We're anti-trade (when) it's a one-sided affair." Fain said U.S. China trade was not balanced. "You can send something to China and it costs 10 times what it costs here, and they flood our...