Wal-Mart's China Imports Cost Nearly 200,000 U.S. Jobs

The report shows Wal-Mart has played a major role in creating a record trade deficit with China that has eliminated some 1.8 million jobs , mainly in manufacturing.

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 that total. This year's first-quarter $46.4 billion total deficit is twice as large as in the same period last year.

The U.S. trade deficit with China between 1997 and 2006 has displaced production that could have supported about 2.2 million U.S. jobs, according to EPI. Most of these jobs (1.8 million) have been lost since China entered the World Trade Organization (WTO) in 2001.