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(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Lin Songtian, China’s ambassador to South Africa, took out a half-page advertisement in a key local newspaper to attack the stance of the U.S. and President Donald Trump on global trade. In a paid-for editorial in Business Day, South Africa’s biggest financial newspaper, Lin said bullying by the U.S. will drive the world into a “severe recession” and accused […

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