Trump's Trade War: Impact and Responses

1 min read
Source: Axios
Trump's Trade War: Impact and Responses
Photo: Axios
TL;DR Summary

President Trump has shifted the perception of trade war risks, with markets now accepting double-digit tariffs as the new normal, exemplified by recent deals with Japan and other countries that set tariffs around 15-20%, leading to a more stable economic outlook and a rally in stock markets.

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