Cover Story

As Donald Trump recaptured the seat of President last year, the world has been witnessing quite a disruption, especially if we speak of the trade amendments. As the U.S revamped the trade policies and started the trade war, numerous countries have witnessed setbacks and economic downturn; steering more intense economic conflict between countries by imposing trade protectionist policies against one another in the form of trade barriers. The trade barriers can come in different aspects, be it tariffs, domestic subsidies, import quotas, currency devaluation, and embargos. With this, a “warring” concept is born as countries retaliate with another policy.

The best case would be the current trade war between the U.S. and China, wherein, both the countries have been retaliating with tariffs and other trade barriers in response to each other's measures. These conflicts disrupt global supply chains, create market volatility, and can lead to reduced trade volumes, hindering economic growth. While some industries may benefit from protectionist measures, others face job losses and increased production costs

There are various challenges that come to the fore, be it impact on supply chains, negative economic consequences, lob losses and shifts, or impact on consumers, while also creating opportunities for some who can adapt quickly to changing supply chains and take advantage of new market share. As we traverse the on-going trade war, Global Leaders brings to our readers yet another special edition GLOBAL LEADERS VIEW ON US-LED TRADE WAR - 2025 focusing on showcasing what leaders across the globe view this ongoing turmoil. We will also shed light on the nitty-gritty of the Trump led administration in creating this situation while covering the positive and negative aspects of trade war at the global scale.