$BTC What is a Trade War?
A trade war refers to a situation where countries impose tariffs or other trade barriers on each other in response to trade policies or practices deemed unfair. The goal is usually to protect domestic industries, but it often leads to increased prices for consumers and can harm overall economic growth.
** Trade War Eases
When you mention **"Trade War Eases,"** it typically means a reduction in tensions between countries that were previously involved in a trade war. This can include lifting tariffs, negotiating new trade agreements, or improving diplomatic relations.
When Did It Start?
One of the most notable recent trade wars began in **2018** between the United States and China. It featured a series of tariffs and retaliatory measures from both sides. The tensions often fluctuated, with periods of escalation and relative calm.
How Long Will It Last?