A trade dispute occurs when countries or businesses disagree over trade practices, such as tariffs, quotas, or unfair competition. These disagreements can arise from differing regulations, trade agreements, or economic policies. Trade disputes can lead to negotiations, legal actions, or even trade wars, impacting global markets and economies. Resolving trade disputes often involves organizations like the World Trade Organization (WTO), which provides a framework for countries to settle their differences. Effective resolution can help maintain healthy trade relationships and promote economic stability, benefiting consumers and businesses alike.