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Trump’s trade policies have ‘upended’ the ‘global economic order,’ Bank of America writes

August 2, 2018

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Escalating tensions between the U.S. and its major trading partners have been a major headwind to the U.S. stock market throughout 2018, but the issue could be far more significant than the number of tariffs that are instituted, or the impact such policies could have on corporate profits and economic growth.

According to Bank of America, President Donald Trump’s aggressive moves on trade represent a radically different paradigm than the world has been used to for decades.

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