CLEAN : We are very close to a trade war says EU's top trade official

The video discusses the misuse of trade interests, highlighting the risks of an impending trade war, which could lead to unemployment and reduced economic growth. It emphasizes the importance of adhering to WTO rules and forming coalitions with like-minded countries to address these issues.

What does the speaker mean by 'rules based world order'?

What does the speaker suggest as a solution to the issues raised in the text?