THE GLOBAL ECONOMIC IMPACTS OF TRADE WARS: A MULTI-COUNTRY ANALYSIS

Abstract

This review research paper delves into the intricate web of trade wars and their profound impacts on the global economy through a comprehensive multi-country analysis. By scrutinizing various case studies and empirical evidence, it aims to illuminate the multifaceted dimensions of trade conflicts, their origins, escalation mechanisms, and the consequential economic outcomes. The paper assesses the ramifications on key economic indicators such as GDP growth, employment rates, inflation, trade balances, and sectoral performance across diverse economies.