U.S. manufacturers warn of ‘China Shock 2.0,’ call for stronger trade defenses

China’s reliance on exports to revive its slowing economy could trigger a new flood of low-cost goods in international markets, a leading U.S. manufacturing group warned on Friday, arguing for a slate of new policy measures to combat Chinese overcapacity and preserve U.S. jobs and industry. “China intends to let export gluts drive its growth,” the Alliance for American Manufacturing says in a June 14 report . “That, in turn, is raising justifiable fears in the United States of a...