Trade War or Negotiation
|Donald Trump, the US President has taken the country out of the Trans-Pacific Partnership. He wants to redo the terms of the NAFTA agreement and use the lure of the U.S. market to redress what he says are unfair trade arrangements. Are international trade agreements unfair? Do they penalize certain groups for the greater whole as economists argue? Can Trump's administration impose new terms of trade without exciting a 'trade war'? What is a trade war and has the modern world ever seen one?
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