What is a Trade War?
Trade war is one of the issues that may affect the associated
alliances and eventually lead to influence the other sectors as
well. As noted above trade war can result from protectionist
penchant. Protectionism represents actions of the
Government and policies made by it to restrict international trade,
generally having the intention of protecting local businesses and
jobs from foreign competition. In 2017 and 2018, President Donald
Trump had started a protectionist campaign, which an attempt to
restore the manufacturing jobs back to the United States from other
nations, such as China and India.1
History of Trade Wars
In past also there were many trade wars happened between many
countries and in some trade wars both China and USA were party to
it. These are some examples of past traded wars,
