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US fires opening salvo in trade wars with China

Dealers are negotiating beside a tire model at an auto part exhibition in Shanghai, May 21, 2008. [Asianewsphoto]

September 9, (Mish's) - The last thing the US needs now is a trade war, with anyone. We have already upset Canada, and now have our eyes set on China. Yesterday, with a decision on tires and steel pending, China warned the US 'Trade wars' are counterproductive. . . continue reading.

Related items: Obama decision on tires looms; Farm exporters fear China backlash in tires case; U.S. to impose duties on pipe imported from China

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