#economic diplomacy
Trade wars have become a growing concern in today’s interconnected global economy following President Donald Trump taking office in the United States and his threats to impose tariffs on various countries. When countries impose tariffs, sanctions, or other trade barriers on one another, the consequences ripple across borders, impacting businesses, consumers, and entire economies. While these economic conflicts are often triggered to protect domestic industries, they can just as easily disrupt supply chains, raise prices, and slow down economic growth.…
