current problems in international trade

in #tradelast year

Trade Wars: In recent years, trade wars between countries have increased. The trade wars between the US and China have seriously affected global trade.

Post-Pandemic Trade: The COVID-19 pandemic has seriously affected global trade. Border closures and travel restrictions between countries have had a negative impact on trade.

Environmental Issues: Environmental issues have become an important factor in international trade in recent years. Developed countries have started implementing policies that take environmental factors into account in trade.

Digitization: The development of digital technologies is leading to significant changes in trade. In particular, e-commerce is changing traditional trade methods.

Trade Disputes: Trade disputes are common in international trade. In particular, the reduced role of the WTO in world trade makes the resolution of trade disputes more difficult.

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