After years of inconclusive skirmishing, trade tensions between the United States and China are about to intensify. The escalation comes as both countries' domestic political calendars are complicating prospects for the compromises needed to call off this high-stakes game of financial chicken. On Capitol Hill, lawmakers from both parties have drafted legislation designed to punish China for trade practices they say violate the Asian giant's international commitments and leave American companies at a profound competitive disadvantage. (USA Today, Thursday)
No!
FEE Timely Classic
Free Trade And Foreign Wars by Sam H. Husbands, Jr.