Risk of trade war rises as key US committee backs tariffs on China

That which seems so blatantly foolish from a historical perspective often reveals itself as mere component within a greater plan. Installment of trade sanctions and/or currency wars on a critical lender will carry consequences and profit potential that can only be characterized as planned.

I am watching the U.S. dollar and the bond market closely now. If the blatantly foolish path is chosen, it will be no accident.

The adoption of the measure by the Ways and Means Committee on Friday means it will now be voted on by the House of Representatives on Wednesday.

"China's exchange-rate policy has a major impact on American businesses, and Americans jobs, which is what this is all about," said Sander Levin, a Democrat from Michigan and chairman of the committee.

Source: telegraph.co.uk

From Bob