Just as president-elect Donald Trump was being voted in on a platform of higher tariffs for China, US businessmen were striking deals thousands of miles away at Shanghai’s biggest trade fair.
Dynamite, a family-run pet food business with 12 stores in Idaho, signed $1mn in orders from Chinese company Pawberry — part of a stream of agricultural deals between the two countries this week that have so far amounted to $711mn.
“Every so often…