Suruchi Sharma
A trade war can threaten the global economy by disrupting supply chains, raising tariffs, and creating uncertainty.
Some countries of the world change trade rules for their own benefits.
Gradually, this change starts spreading to more than one country.
Every country imposes tariffs on goods from other countries to increase its profits.
Due to this, the goods coming from outside the country one after the other start becoming expensive.
Gradually, it takes the form of a kind of war, which is called trade war.
After Donald Trump became president, the threat is increasing once again.
Trump also started a trade war by increasing tariffs in his first term.
Once again Trump wants to increase tariffs on countries like China and India.