What is a trade war?
A trade war is an economic conflict where countries impose tariffs or other trade barriers on each other.
What causes a trade war?
Trade wars often arise from disputes over trade policies, tariffs, or unfair trade practices.
What are the effects of a trade war?
Trade wars can lead to increased prices for consumers, disrupted supply chains, and strained international relations.
Can you give me an example of a recent trade war?
Sure! The trade war between the U.S. and China, which began in 2018, involved tariffs on hundreds of billions of dollars in goods.
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