China-US: Protectionism on the rise - how likely is a trade war?
Sep 24th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Deutsche Bank Research asks how likely it is that last week’s spat between China and the US on the issue of tyre tariffs will lead to a larger trade confrontation and more protectionism. DBR says that intertwined economic interest should prevent a major escalation, although opportunistic moves by other industries cannot be ruled out.