I've posited this hierarchy for a while: first trade imbalances between sovereign countries, then sanctions and tariffs, then trade wars, and finally military conflict. Let's hope cooler heads prevail.
http://finance.yahoo.com/news/US-China-announce-antidumping-apf-1955690004.html?x=0&sec=topStories&pos=main&asset=&ccode=
Thursday, April 22, 2010
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