Trade wars are growing more and more pervasive. It is getting to the point where even the historic levels of complacency that have developed out of years of unprecedented monetary policy will be able to prop up speculative appetite. The shift towards competitive growth and populism is not new, but the scale of outright belligerence is reaching levels that were previously considered impossible. The latest developments in the specific standoff between the US and China was President Trump's threat to implement an additional $200 billion in tariffs against its Asian counterpart in response to China's decision to scrap ... (full story)