Analyzing the Recent Developments in Global Trade Policies and Their Far-Reaching Consequences for Economies Around the World
Context & Background The landscape of global trade has undergone significant transformations over the past few decades, fundamentally reshaping the economic relationships between nations. With the end of the Cold War in the early 1990s, globalization accelerated, enabling countries to engage in free trade agreements and reducing tariffs, thereby fostering extensive economic interdependence. The established…