Big Picture Economics The trade war started by President Trump does not deserve all the blame, although it certainly has not helped the world economy. However, the precarious situation is having some positive outcomes such as the following: U.S. consumer confidence is falling along with equities, and the Congressional Budget Office says increased import tariffs will slow the economy. President Trump is being forced to be more receptive to a trade deal with China. With the Fed now stepping back, collectively, the U.S. economy is less likely to make a precipitous fall. Asian exports have fallen, driving governments in the region to consider bringing more balance to their own economies. China is repatriating investment capital and pouring $...