A trade war occurs when countries impose tariffs or other barriers on each other’s goods, which can lead to a global conflict that unsettles global trade relations. When major players like the United States, the European Union, and China engage in trade disputes, entire sectors that depend on global collaboration and seamless supply chains face higher costs or reduced market access. However, a trade war and import tariffs can also spur local action and catalyze true innovation. Shifting focus on local manufacturing cuts down on transportation emissions, accelerates research into cleaner technologies, and stimulates use of local products by countries that see an opportunity in local production. These positive outcomes depend on political will, corporate strategy, and consumer activism.
Emerick, Dean. "Trump Trade War vs Sustainability". ESG The Report. February 20, 2025. https://esgthereport.com/... (Contributed by Gregory Autin).
Posted on 12/03/25
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