Trump had stated the assumptions he had for initiating the trade war, and what he hoped to achieve. This war has caused the breaking of many agreements, created much political heat between countries around the world, increased the risk of war, lowered economic growth in the European Union (EU), Japan, China, South Korea, almost everywhere, to the point that recessions are now feared, and the resulting cutting of interest rates are now being interpreted as manipulation of currencies by the ECB, China, etc...since this affects exchange rates, but this is actually also a natural tool for managing domestic economies. A cycle of distrust and accusations is creating nervous tensions that are flowing into the domestic politics of each country as well as inter-country inter-region relations.
How are the BASES OF THE TRADE WAR stacked up?
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