#TradeLessons

Diversification in trade partners reduces economic vulnerability.

Over-reliance on a single country can disrupt supply chains.

Free trade boosts economic growth but may harm certain local industries.

Tariffs protect domestic jobs short-term but raise consumer prices.

Global cooperation ensures smoother trade conflict resolution.

Technological innovation often drives trade competitiveness more than protectionism.

Trade wars can hurt both sides, leading to inflation and retaliation.

Investing in worker retraining supports economies affected by trade shifts.

Transparency in trade policies builds trust.

Balanced trade agreements benefit all parties long-term.