Just like the 1930s, this trade war has the potential to turn nasty

Echoes of that decade are getting uncomfortably loud as Trump imposes tariffs and the eurozone devalues its currencyA trade war followed by a currency war. Tariffs used as a protectionist weapon followed by attempts to secure a competitive advantage by exchange rate manipulation. That was the story of the 1930s and, the way things are shaping up, it could easily be the story of the 2020s as well.Consider the historical parallels. In 1930, the US Congress passed the Smoot-Hawley Act, which raised