The economic consequences of Mr Trump: what the trade war means for the world
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Trade Dynamics and Political Populism
This chapter explores the intricate relationships between current account deficits, foreign ownership of assets, and the implications for the UK and US economies. The discussion critiques recent tariffs and trade practices, particularly highlighting China's impact on global trade dynamics and local industries like steel. It also addresses the challenges of political populism and the sustainability of economic policies that rely heavily on foreign capital.
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