41. Any escalation of a trade war could have a major impact on the Northwest, since The Boeing Co. and Microsoft Corp. have substantial interests in China. 42. Argentina plans to avert a tit-for-tat trade war with Brazil by changing a law that taxes imports of sugar from its biggest trading partner. 43. As recently as Tuesday morning, it looked as if both sides were at an impasse and a trade war was indeed possible. 44. At that point, the trade war would threaten the jobs of Americans in ways the initial sanctions on high-priced Japanese autos do not. 45. At the same time, Chairman Duncan would want everything possible to be done to avoid a trade war. 46. At worst, a full-blown trade war could break out. 47. Avoiding a trade war with China benefited American consumers and export workers. 48. Bonds were given a boost from a stronger dollar amid optimisim that talks between the United States and Japan would produce a compromise to avert a potential trade war. 49. A potential trade war runs counter to that goal. |