The Hill News

A trade war with China is almost inevitable. We see the opening salvos already. China’s recent announcement that it will restrict rare-earth mineral exports is basically a move against Japan, a U.S. ally in the G-20 coalition of industrial economies. The Chinese premier is going around embracing the Greek government, offering to buy worthless Greek bonds â€" again to try to weaken the U.S. coalition within the G-20. In a further saber-rattling maneuver, China banned imports of chicken feet from the U.S. â€" a food considered a delicacy in China, but a useless byproduct of poultry production in the U.S.

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