Why the China-U.S. Trade Dispute Is Heating Up

The relationship between China and the U.S. may be the world's most complicated. While the two economies desperately need each other — China relies on exports to the U.S. to drive growth while the U.S. requires investments from China to finance its giant deficits — Beijing and Washington nevertheless routinely spar over a wide range of sensitive issues. http://www.time.com/time/business/article/0,8599,1922155,00.html

Now is this in the best interest of this country in the long run or is this in the best interest of big labor? The ramifications are enormous!