Trade tensions refer to the political and economic strain that arises between countries due to disputes over trade policies, tariffs, and import/export regulations. These tensions often manifest when one country imposes tariffs or trade barriers on another, leading to retaliatory measures. Trade tensions can arise from issues such as trade deficits, unfair trade practices, intellectual property theft, and the impact of globalization. Such conflicts can hinder international trade, affect global supply chains, and impact economic growth. The resulting uncertainty can influence market conditions, investment decisions, and diplomatic relations between the involved nations. Trade tensions are often marked by public discourse and negotiation attempts to resolve the underlying disputes.
The introduction of new tariffs by President Trump aims to reduce trade deficits, impacting major partners like China and the EU with significant levies. The announcement of tariffs caused a…
The US dollar's rise is pushing the euro-dollar exchange rate lower, indicating increased strength in the dollar amid trade tensions. China is implementing tariffs on American goods in retaliation, raising…