China - U.S. and China inching closer to all-out trade war

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U.S. and China inching closer to all-out trade war

Tuesday, October 13, 2009
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From Financial Armageddon:

Although it is never really clear until after the fact which adverse development will be the one that breaks the camel's back, one thing is clear: each addition to the overall burden draws us that much closer to the breaking point.

With two of the world's biggest economies now engaging in a subtle but intensifying game of protectionist tit-for-tat, how long will it be, as the headline of a post at BusinessWeek's Eye on Asia blog puts it, before we do, indeed, see an all-out "China-US Trade War?":

Read full article...

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