China may retaliate for currency measure

MAY retaliate? How about WILL retaliate? Another dumb move by Congress and the Obama administration will sink US exports. Smooth-Hawley II will doom the American economy.

http://www.bloomberg.com/news/2010-09-27/yuan-legislation-in-u-s-congress-may-prompt-retaliation-businesses-say.html

Trade war with China is on with proposed tariffs

Apparently, our government leaders didn't study Smoot-Hawley, and its role in extending the Great Depression.

http://www.telegraph.co.uk/finance/economics/8024180/Risk-of-trade-war-rises-as-key-US-committee-backs-tariffs-on-China.html