A trade war is said to occur when each country takes steps to make it harder for other countries to sell into its markets.

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A trade war is a situation where countries take measures to restrict imports from their trading partners, leading to retaliatory responses and ultimately reducing overall trade. These measures could include imposing tariffs and quotas, enforcing trade barriers or regulating imports. The end result is typically that the affected industries and consumers in each country suffer as a result of the increased costs, reduced consumer choice and lower economic growth.

A Trade War Is Said to Occur When Each Country