WASHINGTON—The U.S. has been fighting a trade war with China over broad economic terrain—agriculture, steel, electronics.The yuan’s artificially low value has let China price its ties below cost, contends Bedford Industries Inc.
of Worthington, Minn., which says...Where does china get all the raw material and at such a low cost that they can continually under price our goods?
Fine we'll just stop using them.
TLDR: Sanctions on twist ties could send bakery industry into a scramble // More interesting story is the currency manipulation subplot // If Bedford wins case and sanctions imposed on Chinese twist ties—precedent set for other industries suffering from China undercutting prices
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