The world’s closer to a full-scale trade war than at any time since the 1930s, with the US, China and the EU all involved

A key theme of Donald Trump’s election campaign in 2016 was that American jobs were being lost as a result of unfair global trade. Most commentators thought it was bluster when Trump threatened to impose swingeing tariffs on Chinese goods and to pull the US out of trade deals.

Related: US and EU on brink of trade war as Trump hits allies with steel tariffs

Related: Anyone, anyone? What happened when the US last introduced tariffs

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