Any meaningful follow through on tarriffs, duties, or sanction will have similar consequences to Smoot-Hawley or Tarriff Act of 1930. This rhetoric bears close attention as many remain blind to the lessons of history.The United States and China have announced new anti-dumping steps against each other over aluminum, nylon and optical fiber, possibly reviving strains over trade and currency that had eased in recent weeks.
Source: finance.yahoo.com
