Trade refers to the act of buying, selling, or exchanging goods and services between individuals, businesses, or countries. It is a fundamental economic activity that allows for the distribution of resources and fosters economic interdependence. Trade can take place on various scales, including local, national, and international levels. It can be divided into two main categories: domestic trade, which occurs within a country, and international trade, which involves the exchange of goods and services across national borders. Trade is often facilitated by the use of currency, contracts, and trade agreements that establish the rules and conditions under which these exchanges occur. The balance of trade, which compares the value of exports and imports, is a key indicator of a country’s economic health. Trade plays a crucial role in providing consumers with access to diverse products and services, promotes competition, and encourages innovation within markets.
Financial markets are facing significant volatility due to President Trump’s aggressive tariff policy, affecting global economic stability. The S&P 500, Dow Jones, and…