Trade war 2014–2025: United States — China-Switzerland-European Union-Great Britain
Nov 5 · 10 min read
From the United States point
The American consumer became the key, the United StatesThe trade surplus that delivered savings to a world in which investment was lacking was transformed into a seemingly permanent US currency. Trade deficit. In this globalized system, rising income inequality is both the cause and consequence of international trade competition. The trading theory states that such imbalances can not last indefinitely.

