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So, that happened.
In what should be a shock to no-one if you listened to the campaign trail promises,U.S.
Trump reveals his initial wave of tariffs on global markets to address “trade imbalances."
Why does this matter?
We saw this during the pandemic, when trade was heavily impacted by lockdown scenarios.
An uneven playing field?
Microsoft cannot publish games in China, but instead need to give them away to a local company to publish on their behalf.
On the flip side, Microsoft, Apple, et al.
Perhaps the Chinese Communist Party will open itself up to global intellectual property norms.
Perhaps big tech companies invest more in bringing manufacturing back to the United States.
There’splentyof reasons to be sceptical about this approach, of course, especially in the short to medium term.
