Donald Trump has been on the campaign trail saying that United States is losing jobs to China at an astounding rate. Whatever you may think of him, he is correct. A report from the Economic Policy Institute agues that the primary reason for the hemorrhaging of jobs is our growing trade deficit.

And it isn’t that we are just losing manufacturing jobs. We are. But we are also losing high-tech jobs faster than any other segment of the economy.

The numbers are staggering. Since China joined the World Trade Organization nearly 3 million jobs have been lost or displaced in the United States. Many of these are located in high-tech industry areas.

In the past, job losses were often concentrated in manufacturing. It was easy for politicians and economists to rationalize that such jobs would head overseas since it was cheaper to make widgets in China than in the U.S. But now we are confronted with reality that sophisticated electronics and high-tech products that once were made in this country are now being made in China.

There are many reasons for the trade deficit. A major cause is China’s currency manipulation. While that may sound like a technical, economic issue, its impact is quite simple. U.S. exports costs 40 percent more in China while Chinese exports to us cost 40 percent less.

Another reason is the simple fact that China pays wages that are substantially less than American wages. This not only reduces the cost of the products they produce, but it also depresses wages in this country. The indirect loss to American workers has been calculated to be approximately $1,400. China is the most important source of downward wage pressure.

Donald Trump isn’t the only candidate talking about job loss to China, but he is one of the few. This certainly deserves to be a campaign issue when millions of Americans are out of work.