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Trade War - An Overview

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Trade War - An Overview


K. P. Manish | S. S. Sanjay Krishnan


K. P. Manish | S. S. Sanjay Krishnan "Trade War - An Overview" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-6, October 2018, pp.8-15, URL: https://www.ijtsrd.com/papers/ijtsrd18365.pdf

This article provides a detailed and peculiar view about the economic phenomenon ‘Trade war’ and its history from the times of The Great Depressions and moves on to the contemporary U.S.-China trade war and its impact on the global economic scenario. It also provides a wide view of the current scenarios of the ongoing trade war between two major countries that have the most humongous economies in the world that is U.S. & China. The authors have unraveled major information about the first-ever trade war which was started by Reed Smoot & Hawley which is followed by information about the onset of the ongoing trade war of U.S. & China with the major events that followed during ‘Code Red’ which have been discussed in a chronological manner. Following which the authors have enlightened upon the economic position of India along with other countries and subsequently the effects of the Trade war on the Indian economy. The authors have also discussed the limitations of the practice of trade war to an extent.

Trade war, Tariff, Retaliation


IJTSRD18365
Volume-2 | Issue-6, October 2018
8-15
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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