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Why Trump’s trade war will simmer through the midterms — and boil over in 2027

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3. Outside the Box## Outside the Box## The ‘sell America’ trade may be just that: a cyclical trade, not a long-term portfolio shiftLast Updated: Feb.

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  • Outside the Box## Outside the Box## The ‘sell America’ trade may be just that: a cyclical trade, not a long-term portfolio shiftLast Updated: Feb. 24, 2026 at 9:58 a.m. ETFirstPresident Donald Trump’s trade war will simmer this year but come to a boil in 2027 — his final political opportunity to achieve a longstanding goal of protecting American industry. There is no guarantee that things will wrap up nicely in time for the 2028 election.Amid all the partisan debate, we cannot forget that Trump’s trade war is a geopolitical phenomenon. The U.S. faces the confluence of two once-in-a-generation threats: extreme factionalism at home and the rise of a Russo-Chinese strategic challenge abroad. Washington’s response to these threats — in keeping with America‘s 250-year history — has been both tardy and excessive.#### Partner Center#### Most Popular
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