TRADE WARS: PROTECTIONISM, TRADE IMBALANCE, ECONOMIC SANCTIONS
Journal: Customs Scientific Journal
Year: 2024

The article is aimed at analyzing the key factors that lead to economic conflicts between countries.The article considers three main elements that cause trade wars: protectionism, imbalance in trade and economic sanctions.The focus is on the overall impact of these factors on the global economy and international trade relations.Protectionism is considered as a strategy of the state aimed at protecting the domestic market from foreign competition by introducing various restrictive measures, such