Do you experience any of those things you said? I don't think trade war is hurtful unilaterally anyway, and innocent people also suffer. Care to explain why?
Yep. My view on trade wars is basically: let's all chop off an arm. Last one standing wins. Whoever wins may discover that they didn't really need that arm to survive, but is life really better without it?
International trade and trade wars are two different things though.
If one country conducts their trade in an unfair manner and won't stop until another country retaliates, after which they both trade fairly, this would be just one an example of an effective trade war.
Whether any of this is happening today is very complex and seems to come down to a matter of opinion, especially since almost no one has sat down and really looked at the numbers and issues in depth.
Just my opinion but I think trade wars is heading in the wrong direction. We need to open trade more. At first it will cause pain and inefficiency, but specialization and collaboration has a larger net benefit to humans than both countries manufacturing everything themselves. But of course over specialization weakens the whole system when a piece goes missing perhaps.
[1]https://en.wikipedia.org/wiki/Trade_Wars
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