This in an excerpt from this book
The trade war is among the most crucial aspect of the trading world and economy, and it is essential to understand the entire concept. Some situations can give rise to the trade war and hamper the relationships among some countries. To figure out the trade war concept, it is also an urgent need to know about the protectionism and the other related concepts such as tariff. The trade war can make countries to attempt to destroy and damage the economic condition and trading of each other. This can hamper the relationship among the countries and give birth to the rivalry. Even though, there are a few advantages of the other concepts of the trade war. There are also a few disadvantages. The decisions that are taken for the goodwill of the domestic companies and industries can turn out to be a bad decision. So the trading world is extremely risky, and before commencing anything, it is essential to know the consequences of everything.
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