Economic and Social Council

Growing populism and anti-free market backlash: evaluating the state of global economy in times of tariff wars.

Brazil

Honourable Chairs, Fellow Delegates

Tariff war, also known as the custom war is a type of a conflict that can escalate between two or more countries. It starts when country A raises taxes for certain products from country B, causing it to do the same and resulting in higher prices. Although there were many tariff wars in the past, the one that is going on right now happe...