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Concede or resist? Neither, as the world moves on from Trump’s tariff tantrum
Rather than adapt or align, countries are attempting to mitigate the full effects of the US shock.
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The US withdrawing from the multilateral trading system is not an existential crisis, says the writer.
PHOTO: REUTERS
Danny Quah
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US President Donald Trump’s historic tariffs have come into force
For all the talk of dealing with a second China shock, countries have to face yet another challenge – that of the US shock.

