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Axios

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Trump's trade minefield squeezes America's allies

Donald Trump America Kush Desai Mark Carney United States Axios China

Global trade is a minefield in the Trump era: wherever world leaders step, they risk igniting a new conflict with the Trump administration — trade deal or not.

Why it matters: President Trump's constant tariff threats have pushed U.S. trading partners to diversify away from American markets. But even that carries its own risks, as Trump vows to punish allies who turn elsewhere.

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