Trade War

Trade war in Global Commerce Policy

In this regard, trade war is: a journalistic exaggeration for periods of major trade disputes between important trading partners. Those involved in attempting to solve these disputes usually seek a negotiated outcome that is acceptable to both sides and that is in conformity with the applicable multilateral trade rules. They seldom see themselves as engaged in warfare. The entries on trade policy are here. Indeed, as Greg Mastel notes in American Trade Laws After the Uruguay Round, “a trade war is only a shade more rational than a nuclear war, harder to launch, and nearly as unpalatable”.[1]

Trade warin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Trade war” entry (OAS)

See Also