The Global Trade War's Next Front: How Trump's Fed Threats Are Reshaping Alliances

The Big Idea

Here's the paradox nobody in Washington wants to talk about: the harder Trump pushes to weaponize trade, the faster the rest of the world is learning to trade without him. His latest salvo — threatening to impose trade embargoes on any country running a deficit with the US unless the Federal Reserve slashes interest rates — didn't just rattle markets. It accelerated something much bigger: a quiet, global realignment of trade alliances that's making the US the odd nation out.

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