Abstract

In this article, the researchers try to do in-depth research of what exactly trade wars are and analyses the role played by the World Trade Organization in resolving these matters, also analyses the effect that the trade wars have on the world economy and other aspects related to international trade and international relations between different nations. The article also talks about various ways in which a trade war is fought, how trade is regulated by the World Trade Organization, and Trade Rivalry between countries and why trade wars are fought in the first place. It also discusses the prominent trade wars that have taken place in the temporary world and how the World Trade Organization has taken cognizance of the same. In the end, the article concludes by suggesting the way forward and how such matters should be dealt with more efficiently.

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