What are some examples of trade disputes?
Trade disputes often arise between countries over tariffs, quotas, and trade agreements. For example, the U.S.-China trade war involved tariffs on various goods.
Can you give me more details about the U.S.-China trade war?
Certainly! The U.S.-China trade war began in 2018 when the U.S. imposed tariffs on Chinese goods to address trade imbalances and intellectual property theft.
What were the impacts of this trade war?
The trade war led to increased prices for consumers, disrupted supply chains, and affected global markets. Both countries faced economic slowdowns.
Are there any other notable trade disputes?
Yes, another notable example is the EU's dispute with Boeing and Airbus over subsidies, which has been ongoing for years.
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