More than $770,000,000,000! 
That's Fingleton's latest forecast for America's total trade deficit in 2007. Click here to see how huge that number really is.
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About Eamonn Fingleton
Author of Unsustainable, In Praise of Hard Industries and Blindside
 
30 Years of Prescience
After more than thirty years reporting from London, New York, and Tokyo, Eamonn Fingleton has few rivals in the range and depth of his economic commentaries.
 
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Fingleton's Books
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One of the Ten Best Business Books
What Business Week said about Blindside
 
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• Unsustainable • In Praise of Hard Industries • Blindside

 
 
The Trader's Library
Eamonn Fingleton reviews important books on trade issues.

Links of Interest
 
Trading Blows Archive
September 2006
Innocents (Not) Abroad: China's Orwellian Tourism Policy
Eamonn Fingleton
In a policy that is anathema to the United States, the Beijing government keeps close tabs on Chinese citizens abroad. Now Beijing is insisting on Washington's complicity in an Orwellian program to monitor Chinese tourists visiting the United States. Washington is having none of it and the result is the latest flashpoint in Sino-American trade relations. At a time when the Sino-American trade gap is already the largest between any two nations in history, the United States, uniquely among major Western nations, is being cut out of a rapidly growing torrent of Chinese tourist dollars. [This article first appeared in The American Prospect on September 9, 2006.]
May 2006
The untold story of Japan's war compensation record
Eamonn Fingleton
As many Western political scientists have pointed, the Japanese media extensively censor themselves. What is less well known is that foreign journalists who cover Japan also censor themselves. Here, in an article first published in The American Prospect, is the full story of one important aspect of Japanese policy that has long been the subject of remarkable self-censorship.
August 2005
Can Anyone Compete with China? Lessons from Japan
Eamonn Fingleton
For more than a decade now we have been told that the world's most advanced economies face a common fate in this era of Chinese economic expansion: massive layoffs in manufacturing and ever-rising trade deficits. Such reports, suggesting that there is something inevitable and inexorable about the decline of manufacturing in advanced nations, have served powerfully to tranquilize American public opinion at a time when America's trade deficits have gone from merely horrendous to truly disastrous. Yet as the example of Japan shows, advanced nations can and do compete to win against China.
May 2005
Why the Sun Is Still Rising
Eamonn Fingleton
"Juggernaut Japan" of the '80s gave way, in the U.S. press, to a narrative of economic obsolescence. That's what the Japanese wanted us to believe. [Article first published in the May 6, 2005 issue of The American Prospect.]
March 2003
Why the Iraq invasion is doomed to failure
Eamonn Fingleton
This article, predicting the Bush administration's current fiasco in Iraq, was published in the editorial page of the International Herald Tribune on March 18, 2003 -- two days before the Iraq war began.
December 2001
Fritz Is All Hat and No Cattle
Eamonn Fingleton
A former American ambassador to Tokyo has been boasting about his success in opening the Japanese market. Unfortunately the good news has not produced any improvement in the U.S.-Japan trade deficits.
April 2001
The anomalous position of Christopher LaFleur
Eamonn Fingleton
When the history of American trade policy is written, people will ask what the State Department was doing. An insight into the answer can be gleaned in the career of Christopher LaFleur. At a crucial time for US-Japan trade relations, he has served in Tokyo not only as the effective head of the American embassy but, also reportedly, as the local chief of the Central Intelligence Agency.