What is a trade war? Investopedia defines trade war as, “A negative side effect of protectionism that occurs when Country A raises tariffs on Country B’s imports in retaliation for Country B raising tariffs on Country A’s imports.” Since 2018, the US and China have been engaged in a trade war. This confrontation has led to several rounds of retaliatory tariff increases by …

What is the trade war between US and China?- Explained Read More »