Wal-Mart Is Directly Responsible for Deadly Toys
09 November 2007
Retailers such as Wal-Mart put so much pressure on suppliers to produce cheap goods that health, environmental and labor protections get brushed aside. Wal-Mart is the nation's top importer of Chinese-made products. The Economic Policy Institute (EPI) reports the giant retailer's reliance on cheap goods made in China has cost this country nearly 200,000 jobs since 2001.
The U.S. trade deficit with China reached a whopping $233 billion last year, and imports for Wal-Mart alone accounted for $27 billion-11 percent of the growth in the U.S. trade deficit with China since 2001.