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The Pirate Bay as Sweden's anti-US killer weapon in a trade war?

No, but seriously: there might be a likelihood for the global IP regime to crackle. If the US does not respect WTO:s agreements on stuff like non-discrimination in tariff policies etc – how long would other WTO members respect the rules on patents, trademarks and copyrights in WTO:s TRIPS agreement which, after all, was very much designed to favor US interests?
Yet, I wouldn't say that any crackle in that global IP regime woule necessarily be a positive thing. Trade wars are usually far too cynical, nationalist and boring.