Alva Review-Courier -

WASHINGTON (AP) — President Donald Trump just imposed tariffs on hundreds of Chinese products — from X-ray tubes to incinerators. And Beijing is striking back by targeting U.S. soybeans, beef, seafood and other products.

The punch-and-counterpunch announced Friday in Washington and Beijing moved the world's two largest economies perilously near a trade war that would inflate prices for consumers, disrupt the flow of goods and perhaps slow a global economy that has been enjoying its healthiest expansion in a decade.

"Everybody loses in a trade war," says Philip Levy, senior fellow at the Chicag...