Analyzing the impact of President Trump's trade policy on the US and global economies or on the financial markets is the key point, says Steven Blitz, US economist for TS Lombard. Rather, Trump intended to shake up the world trade system, treating huge surpluses as virtues they are not, and sustaining them with countless impediments from market forces balancing unequal trade flows through currency adjustments. Trump's main concern is China. In particular, he urged the "theft of intellectual property" to prevent the United States from losing its know-how lead through forced technology transfer.
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