Trade War Would Work to Everyone's Disadvantage, Says Wells Strategist

The video discusses the potential signing of tariffs and the associated risks during the Trump presidency. It highlights the importance of global trade relations and the potential consequences of trade wars. The discussion also covers market reactions, corrections, and the impact on inflation and the US trade deficit. The overall message is to avoid overreacting to these economic developments.

What risks are associated with trade protection measures as mentioned in the text?

Why is it important not to jump to conclusions regarding trade wars?