When previously worthless byproducts like coffee bean husks, chicken paws, and hog snouts became popular, we increased our economic efficiency.
Whether looking at chicken paws or hog hooves, U.S. and China food tastes have worked well together until U.S. and Chinese tariffs have upset the benefits of the relationships.
Because Chinese chicken tariffs on U.S. chicken paws violate the rules of the World Trade Organization, the U.S. has taken them to an international “court.”
Yesterday’s headlines about the US taking China to the World Trade Organization (WTO) for unfair auto and auto parts subsidies took me to chicken feet and The Economist’s Sinodependency Index. Knowing the major firms that depend on China for revenue…