US-China Trade Wars Under The New Protectionism Trends and Production and Trade After The Covid-19 Outbreak

Introduction

Trade wars, clearly initiated by the US and China in 2018, the world’s two largest economies, affected international trade in many ways. This conflict, in which trade  protectionism policies were clearly used as a weapon, caused other countries to adopt similar policies. As a result, the volume of international trade has shrunk and many countries have given up a significant part of their free trade policies, prioritizing their national interests. Institutions such as the World Trade Organization remained ineffective in this process.