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What’s a trade war?

By Lisa Toohey, Professor of Law, UNSW Sydney

This article is part of The Conversation’s “Business Basics” series where we ask experts to discuss key concepts in business, economics and finance.

Thanks to US President-elect Donald Trump, the term “trade war” is back in the headlines. Trump campaigned successfully on a platform of aggressive trade policies, and since being elected, has only doubled down on this posture.

On Tuesday, he threatened…

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