{"id":14805,"date":"2025-02-28T11:25:57","date_gmt":"2025-02-28T10:25:57","guid":{"rendered":"https:\/\/pattersonmills.ch\/?p=14805"},"modified":"2025-02-28T11:31:11","modified_gmt":"2025-02-28T10:31:11","slug":"what-is-a-trade-war","status":"publish","type":"post","link":"https:\/\/pattersonmills.ch\/fr\/what-is-a-trade-war\/","title":{"rendered":"What is a Trade War?"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"14805\" class=\"elementor elementor-14805\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-734921c3 elementor-section-full_width elementor-section-height-min-height elementor-section-items-stretch elementor-hidden-mobile elementor-section-height-default\" data-id=\"734921c3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-3b1a362b\" data-id=\"3b1a362b\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;none&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5ed26ed5 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"5ed26ed5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">What is a Trade War?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7da17c6 elementor-align-left elementor-widget elementor-widget-post-info\" data-id=\"7da17c6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-15df7ff elementor-inline-item\" itemprop=\"author\">\n\t\t\t\t\t\t<a href=\"https:\/\/pattersonmills.ch\/fr\/author\/edward\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-user-circle\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-author\">\n\t\t\t\t\t\t\t\t\t\tEdward Mills\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-e5e8838 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/pattersonmills.ch\/fr\/2025\/02\/28\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>f\u00e9vrier 28, 2025<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65f2ab20 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"65f2ab20\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"b-qt qt_801816\">&#8220;It&#8217;s very easy to slip into a trade war&#8221; <span data-teams=\"true\">\u2014 Jack Ma<\/span><\/p><p><span style=\"background-color: var( --e-global-color-04ee521 ); color: var( --e-global-color-3429fff ); font-size: inherit; letter-spacing: -0.015em; text-align: inherit;\">4 min read<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5818ac77\" data-id=\"5818ac77\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3425518c elementor-widget elementor-widget-spacer\" data-id=\"3425518c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-62d66db8 elementor-section-full_width elementor-hidden-desktop elementor-hidden-tablet elementor-section-height-default elementor-section-height-default\" data-id=\"62d66db8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-28ec48d1\" data-id=\"28ec48d1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1e19e2cd elementor-widget elementor-widget-image\" data-id=\"1e19e2cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1344\" height=\"756\" src=\"https:\/\/pattersonmills.ch\/wp-content\/uploads\/2025\/02\/02.2025-1-06.02.2025-R.jpg\" class=\"attachment-full size-full wp-image-14904\" alt=\"Trade Wars\" srcset=\"https:\/\/pattersonmills.ch\/wp-content\/uploads\/2025\/02\/02.2025-1-06.02.2025-R.jpg 1344w, https:\/\/pattersonmills.ch\/wp-content\/uploads\/2025\/02\/02.2025-1-06.02.2025-R-300x169.jpg 300w, https:\/\/pattersonmills.ch\/wp-content\/uploads\/2025\/02\/02.2025-1-06.02.2025-R-1024x576.jpg 1024w, https:\/\/pattersonmills.ch\/wp-content\/uploads\/2025\/02\/02.2025-1-06.02.2025-R-768x432.jpg 768w, https:\/\/pattersonmills.ch\/wp-content\/uploads\/2025\/02\/02.2025-1-06.02.2025-R-18x10.jpg 18w, https:\/\/pattersonmills.ch\/wp-content\/uploads\/2025\/02\/02.2025-1-06.02.2025-R-1200x675.jpg 1200w\" sizes=\"(max-width: 1344px) 100vw, 1344px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7fb0ba09 elementor-section-full_width elementor-hidden-desktop elementor-hidden-tablet elementor-section-height-default elementor-section-height-default\" data-id=\"7fb0ba09\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4fe26bcf\" data-id=\"4fe26bcf\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;none&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-281c4020 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"281c4020\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">What is a Trade War?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2fd9df72 elementor-align-left elementor-widget elementor-widget-post-info\" data-id=\"2fd9df72\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-15df7ff elementor-inline-item\" itemprop=\"author\">\n\t\t\t\t\t\t<a href=\"https:\/\/pattersonmills.ch\/fr\/author\/edward\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-user-circle\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-author\">\n\t\t\t\t\t\t\t\t\t\tEdward Mills\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-e5e8838 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/pattersonmills.ch\/fr\/2025\/02\/28\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>f\u00e9vrier 28, 2025<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c96a1f elementor-widget elementor-widget-text-editor\" data-id=\"6c96a1f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"b-qt qt_801816\">&#8220;It&#8217;s very easy to slip into a trade war&#8221; <span data-teams=\"true\">\u2014 Jack Ma<\/span><\/p><p><span style=\"background-color: var( --e-global-color-04ee521 ); color: var( --e-global-color-3429fff ); font-size: inherit; letter-spacing: -0.015em; text-align: inherit;\">4 min read<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-615b64f5 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"615b64f5\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-62e468d2\" data-id=\"62e468d2\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;none&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bf527f2 elementor-widget elementor-widget-text-editor\" data-id=\"bf527f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<iframe src=\"https:\/\/odio.ai\/embed\/d55d34650bad5f9b\" scrolling=\"no\" height=\"125px\" width=\"100%\" frameborder=\"0\" allowfullscreen><\/iframe>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ccdad0 elementor-widget elementor-widget-text-editor\" data-id=\"6ccdad0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Trade is the backbone of the global economy, driving growth, creating jobs, and providing consumers with access to a variety of products at competitive prices.<\/p><p>However, when trade tensions escalate into trade wars, the smooth flow of international commerce is disrupted, often leading to widespread economic consequences.<\/p><p>This article explores how and why trade wars occur, their impact on industries, and why global trade plays such an essential role in the world economy.<\/p><h4><strong>What Are Trade Wars and Why Do They Happen?<\/strong><\/h4><p>A trade war occurs when countries impose tariffs (taxes on imports), quotas, or other trade barriers against one another in retaliation for perceived unfair trade practices or to protect domestic industries.<\/p><p>While the intention is often to protect local economies, trade wars can escalate and cause broader economic harm.<\/p><p>Some of the most common reasons trade wars arise are due to:<\/p><ul><li><strong>Trade imbalances<\/strong><ul><li>\u00a0Efforts by governments to reduce large gaps between imports and exports.<\/li><\/ul><\/li><li><strong>Protection of domestic industries<\/strong><ul><li>\u00a0Shielding local jobs and businesses from foreign competition.<\/li><\/ul><\/li><li><strong>Intellectual property disputes<\/strong><ul><li>Responding to theft or misuse of technology and patents.<\/li><\/ul><\/li><li><strong>Political or geopolitical tensions<\/strong><ul><li>Using trade as leverage during broader diplomatic disputes.<\/li><\/ul><\/li><\/ul><p>Trade wars usually end in one of three ways:<\/p><ol><li>One country unilaterally withdraws tariffs to de-escalate tensions.<\/li><li>Both parties negotiate an agreement, compromising on key issues.<\/li><li>In extreme cases, conflicts can escalate politically or militarily, though modern international treaties and diplomatic efforts generally work to prevent such severe outcomes.<\/li><\/ol><h4><strong>Impact on Prices, Industries, and Consumers<\/strong><\/h4><p>Trade wars can significantly affect economies, industries, and consumers both in the short- and long-term. Key impacts can include:<\/p><h6><strong>Higher consumer costs<\/strong><\/h6><p>Tariffs raise the cost of imports, which businesses often pass on to customers. Everyday goods, such as groceries, clothing, and technology, can become more expensive, reducing household purchasing power.<\/p><h6><strong>Supply chain disruptions<\/strong><\/h6><p>Global supply chains become less efficient, leading to delays and increased operational costs.<\/p><h6><strong>Rising inflation and squeezed profit margins<\/strong><\/h6><p>Higher import costs can fuel inflation, reducing consumer purchasing power and eroding corporate profits as businesses face increased costs, ultimately affecting jobs and company valuations.<\/p><h6><strong>Retaliatory measures<\/strong><\/h6><p>Countries hit with tariffs may impose their own in response, further disrupting international trade and hurting export-dependent industries that rely heavily on foreign markets for revenue.<\/p><h6><strong>Slower economic growth<\/strong><\/h6><p>Trade restrictions reduce global commerce, often dampening GDP growth, and can hinder business expansion and consumer spending over time.<\/p><h6><strong>Market volatility<\/strong><\/h6><p>Uncertainty surrounding trade policies can cause significant fluctuations in stock markets, affecting investments.<\/p><p>While these outcomes are generally negative for global commerce, there can be domestic benefits:<\/p><h6><strong>Boost to local manufacturing<\/strong><\/h6><p>Higher import costs may encourage companies to produce locally.<\/p><h6><strong>Job creation in domestic industries<\/strong><\/h6><p>Factory employment can rise as businesses increase local production to replace more expensive imports.<\/p><h4><strong>Why Global Trade Matters<\/strong><\/h4><p>International trade contributes to nearly <strong>60% of global GDP<\/strong>, making it essential for economic stability and growth. The value of global trade is reflected in several key ways, including:<\/p><ul><li><strong>Greater consumer choice<\/strong><ul><li>Access to a variety of goods at more competitive prices.<\/li><\/ul><\/li><li><strong>Economic growth<\/strong><ul><li>Expands markets for producers, stimulating job creation and driving growth.<\/li><\/ul><\/li><li><strong>Increased efficiency<\/strong><ul><li>Global supply chains and specialisation lower production costs.<\/li><\/ul><\/li><li><strong>Enhanced competition<\/strong><ul><li>Drives innovation and improves product quality.<\/li><\/ul><\/li><\/ul><p>Trade wars often diminish these advantages, resulting in higher prices, reduced economic cooperation, and slower growth.<\/p><p>Consumers can feel the effects most acutely through increased costs for everyday goods and weakened purchasing power.<\/p><p><strong>Long-Term Implications <\/strong><\/p><p>Prolonged trade disputes can reshape the global economy, with consequences that extend well beyond immediate price increases and market disruptions.<\/p><p>Some possible long-term effects include:<\/p><ul><li><strong>Shift in global supply chains<\/strong><ul><li>Companies may relocate manufacturing to avoid tariffs, potentially raising production costs.<\/li><\/ul><\/li><li><strong>Reduced global cooperation<\/strong><ul><li>Trade tensions can spill over into diplomatic relations, hindering collaboration on global challenges.<\/li><\/ul><\/li><li><strong>Changes in consumer behaviour<\/strong><ul><li>Higher prices may reduce spending, impacting economic recovery.<\/li><\/ul><\/li><li><strong>Economic decoupling<\/strong><ul><li>Countries may reduce reliance on foreign trade partners, leading to fragmented global markets.<\/li><\/ul><\/li><li><strong>Domestic economic shifts<\/strong><ul><li>While some industries benefit from renewed local demand, others may suffer from export restrictions and input cost increases.<\/li><\/ul><\/li><\/ul><h4><strong>Will Trade Wars Impact Your Investments?<\/strong><\/h4><p>Trade wars do not just affect governments and corporations, they can impact your investments, purchasing power, and long-term financial planning.<\/p><p>As global markets remain interconnected, understanding these dynamics is crucial for navigating financial markets and protecting your financial interests.<\/p><p>At Patterson Mills<strong>,<\/strong> we help our clients understand how global economic factors, including trade wars, can impact their financial plans. Whether you are looking to safeguard your investments, plan for international exposure, or simply gain clarity on how global events affect your portfolio, our team is here to guide you.<\/p><p><a style=\"font-size: inherit; text-align: inherit; background-color: inherit; letter-spacing: -0.015em;\" href=\"https:\/\/links.pattersonmills.ch\/contact\"><b><strong>Contactez-nous<\/strong><\/b><\/a><span style=\"font-size: inherit; text-align: inherit; background-color: inherit; color: var( --e-global-color-3429fff ); letter-spacing: -0.015em;\">\u00a0with us today to learn how we can support you to a brighter financial future amid an ever-changing global landscape.<\/span><\/p><p dir=\"ltr\">Courrier \u00e9lectronique \u00e0\u00a0<a href=\"mailto:contactus@pattersonmills.ch\"><b><strong>contactus@pattersonmills.ch<\/strong><\/b><\/a>\u00a0or call +41 (0) 21 801 36 84 and we shall be pleased to assist you.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-61cff8b4 elementor-share-buttons--view-icon elementor-share-buttons--skin-flat elementor-share-buttons--shape-circle elementor-share-buttons--color-custom elementor-grid-0 elementor-widget elementor-widget-share-buttons\" data-id=\"61cff8b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\" role=\"button\" tabindex=\"0\" aria-label=\"Partager sur facebook\" data-no-translation-aria-label=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-facebook\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\" role=\"button\" tabindex=\"0\" aria-label=\"Partager sur twitter\" data-no-translation-aria-label=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-twitter\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" role=\"button\" tabindex=\"0\" aria-label=\"Partager sur linkedin\" data-no-translation-aria-label=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-linkedin\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_whatsapp\" role=\"button\" tabindex=\"0\" aria-label=\"Partager sur whatsapp\" data-no-translation-aria-label=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-whatsapp\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_email\" role=\"button\" tabindex=\"0\" aria-label=\"Partager sur email\" data-no-translation-aria-label=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fas fa-envelope\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08a255d elementor-widget elementor-widget-text-editor\" data-id=\"08a255d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"hd-block hd-block-paragraph\"><p><strong><em>Please note that all content within this article has been prepared for information purposes only. This article does not constitute financial, legal or tax advice. Always ensure you speak to a regulated Financial Adviser before making any financial decisions.<\/em><\/strong><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>&#8220;It&#8217;s very easy to slip into a trade war&#8221; \u2014 Jack Ma<\/p>\n<p>4 min read<\/p>","protected":false},"author":3,"featured_media":14904,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[108,230,117,67,144,296,297,298,299,344,340,18,330,294,343,342],"class_list":["post-14805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-finance","tag-finances","tag-financetips","tag-financialadvice","tag-financialadviser","tag-financialadvisor","tag-financialeducation","tag-financialknowledge","tag-financialliteracy","tag-internationaltrade","tag-investmentboost","tag-investments","tag-personalfinance","tag-portfolio","tag-trade","tag-tradewar"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/posts\/14805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/comments?post=14805"}],"version-history":[{"count":19,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/posts\/14805\/revisions"}],"predecessor-version":[{"id":14922,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/posts\/14805\/revisions\/14922"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/media\/14904"}],"wp:attachment":[{"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/media?parent=14805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/categories?post=14805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/tags?post=14805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}