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Not yet worrying about a trade war? It may be time to start

It is time to realise that Trump’s America is not only an unequal partner, but also an unreliable ally

By George Magnus  

US President Donald Trump speaks to the press. Photo: PA

If you’re not yet been concerned about the outbreak of a global trade war, then perhaps this is a good time to start. None of the world’s biggest trading blocs, the US, China and the EU will be spared—but it is likely to be especially uncomfortable for smaller, open economies like the UK, whose entire trade structure could, in any case, be torpedoed by Brexit.

To recapitulate, President Donald Trump came into office in January 2017 with fiery, aggressive…

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