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Trump will destroy world trade, but democracies can defend themselves – and each other

May 11, 2025
Source: theguardian.com theguardian.com
News Snapshot:
The postwar global economic order, with the United States at its centre, has created more prosperity than any other period in human history. Yet as Donald Trump takes a sledgehammer to that economic order, America’s democratic allies face a choice. We can accept the new cost of doing business with the US. We can follow the US down a path of mutually assured economic destruction with an ever-escalating trade war. Or we can find new avenues to keep free trade alive. My proposition? I believe we need a new platform for economic cooperation between the world’s seven leading democracies. Call...
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Tags: Africa | agreement | AI | alliance | America | ASIA | Attack | Australia | Beijing | Business | Canada | China | Covid-19 | democracy | Donald Trump | Economy | Europe | executive | Exports | Extradition | free trade | green | Huawei | illegal | incentive

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