The Trade Wars have started?

WASHINGTON (MarketWatch) -- The Obama administration will impose stiff tariffs on imports of Chinese-made tires after finding that a surge of imports has disrupted the U.S. domestic market.
President Barack Obama signed an order on Friday to impose the special punitive tariffs for three years, the White House announced.

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HONG KONG (MarketWatch) -- China said Sunday it would launch an anti-dumping investigation into U.S. sales of chicken and auto products, a move apparently in response to Washington's decision to impose punitive sanctions on Chinese tire imports late last week.
China's Ministry of Commerce said it was starting proceedings after having received complaints that U.S. products were being sold in China at below-market prices, according to reports.
The ministry has denied that the actions against U.S. producers are a form of protectionism.

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Uncle Festivus said:

http://www.marketwatch.com/story/obama-slaps-tariff-on-chinese-tires-2009-09-11

retaliation........


http://www.marketwatch.com/story/china-mulls-sanctions-on-us-imports-2009-09-13

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