the film is death by china and premieres this weekend in new york. thanks so much both of you for joining us. thank you. up next, would you risk your life to save someone else s? the new science separating those who step up from those who step back. [ male announcer ] this is rudy. his morning starts with arthritis pain. and two pills. afternoon s overhaul starts with more pain. more pills. triple checking hydraulics. the evening brings more pain. so, back to more pills. almost done, when. hang on. stan s doctor recommended aleve. it can keep pain away all day with fewer pills than tylenol. this is rudy. who switched to aleve. and two pills for a day free of pain. [ female announcer ] and try aleve for relief from tough headaches.
were incompatible with china s system, which is the reason why china s con figuring its military to fight us. they re designing weapons that are meant to exploit american vulnerabilities such as the df-21-d carrier killer missile and also their j-20 stealth fighter designed to bring down american airborne early warning planes. so this is really a problem for us. you know, the chinese have been talking for more than a decade about waging war on the united states and we really haven t been listening. it s like bin laden in the 1990s who talked about this. we didn t pay attention and right now the chinese have been warning us what they want to do. peter, there is a lot of controversy about this film. what would you say to those who say this is fear mongering? i would say watch the film and judge. there s about 50 people in the film from all walks of life, from both political parties, who talk very eloquently about the issues related to jobs, related to product safety, related to natio
these are jobs that could be in oregon, northern california, along the coast in general for which there are well trained and very interested men and women who would take them in a heart beat. that from a new documentary death by china which takes on our incredibly unbalanced trade relationship with the rapidly developing world power but it is not just the jobs but the trade agreement which forces a 25% tariff on u.s. goods entering china but only 2.5% tariff on chinese goods entering the u.s. this is one of the many reasons we currently owe more than $3 trillion to china. the film draws a stark line between the hard working people in each nation and the governments that are allowing their respective people to be victimized and exploited. joining us now to explain how all this happened and tell us what we can do to fix it is economist peter navarro who wrote, produced, and directed death by china and forbes columnist gordon chang who appears in the film, lived and worked in chin
decades. gentlemen, thanks so much for joining us. good to be here. so, peter, if you could just open up by explaining a bit the book and the movie are called death by china. how from an economic perspective is china killing us? crystal, it s unfair trade practices. if you go back to the year 2001 when china was allowed to get into the world trade organization and essentially invade our markets, since that time our economy has grown at one-third of the rate it used to. we lost 20 million jobs because of that. 50,000 factories have disappeared. and, basically, they use what i call in the film weapons of job destruction. it is basically five things, the export subsidies, currency manipulation, ungodly counterfeiting and piracy and of course working conditions and the ability basically to put anything in the air, anything in the water, and they sell things into this country in dayton,
rights abuses that take place every day in china. there s a one guy in the film charles lee who was in a chinese forced labor camp and comes back to america and finds the homer simpson slippers he made in the labor camp sold in america. i mean, so watch the film and what i m trying to do here with the film is basically have the message i think which is going to be the winning message in the presidential campaign, which is that the job the best trade program, the best jobs program is trade reform with china. it s not this more fiscal stimulus or easy money by the federal reserve. and i just think that so many people, the media, the politicians, get our economy wrong. if we want to fix it, what we need to do is we need to reopen those 50,000 factories, get those 6 million manufacturing jobs back, and really china will prosper as well if we have a level playing field, which we do not now. all right. peter, gordon, looks fascinating. i m exciting to see it.