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Was it because of the trade deficit that Maine to lost 10,000 jobs to China?

• Maine has lost 9,545 jobs to China since the Communist nation entered the World Trade Organization (WTO) ten years ago. That's according to a report by the Alliance for American Manufacturing, which figures that China's unfair economic subsidies, currency manipulations and inhumane labor practices have resulted in 2.8 million U.S. jobs either lost or displaced. The report concluded that 1.45 percent of lost jobs in Maine were due to trade with China. Other states in the region fared worse. New Hampshire lost 19,700 jobs, or 2.84 percent of employment and Vermont saw 2.39 percent of jobs slip away. Overall, around 170,000 jobs in New England were eliminated from trading with China; that's greater than the population of Portland, Lewiston and Bangor, Maine's three largest cities, combined!

• Answer:

  The trade deficit has nothing to do with that. The reason those jobs went are because companies moved production of manufactured goods abroad, companies in maine went bankrupt, outsourcing etc. The trade deficit is the difference between the value of the goods and services you export and those you import.