Trump declares a Global Trade War. Good Grief!

Blain’s Morning Porridge April 13th, 2026: Trump declares a Global Trade War. Good Grief!“Don’t send your sons to win wars that politicians started.”That was an interesting weekend. Trump announces a blockade that will impact the whole Global Economy – and South East Asia and China in particular. At least Europe got some good news from Hungary. More instability forecast before Trump inevitably TACO’s again. Markets are getting bored of it – which means the consequences could be even more volatile!Let the picture tell the story …. Trump lapping up the crowd’s adulation presiding over the gladiatorial Ultimate Cage-Fighting blood-fest in Miami, even as JD Vance was struggling to be rebuild American diplomatic credibility in Islamabad. Interesting times ahead.Where will markets go from the weekend just past….? This morning stocks are crashing and oil is soaring. When you are digging yourself into a hole, you need someone to tell when it’s time to stop. Trump…. well, he just keeps on digging.