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trade war

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  • trade war — ➔ war * * * trade war UK US noun [C] COMMERCE, POLITICS ► a situation in which two or more countries raise import taxes and quotas (= limits on numbers of goods) to try to protect their own economies: avert/avoid/start a trade war »The agreement… …   Financial and business terms

  • Trade War — A negative side effect of protectionism that occurs when Country A raises tariffs on Country B s imports in retaliation for Country B raising tarrifs on Country A s imports. Trade wars may be instigated when one country perceives another country… …   Investment dictionary

  • Trade war — A trade war refers to two or more nations raising or creating tariffs or other trade barriers on each other in retaliation for other trade barriers. Increased protection causes both nations output compositions to move towards their autarky… …   Wikipedia

  • trade war — noun The practice of nations creating mutual tariffs or similar barriers to trade …   Wiktionary

  • trade war — n. a situation in which countries try to damage each other s trade, typically by the imposition of tariffs or quota restrictions …   Useful english dictionary

  • trade war — /ˈtreɪd wɔ/ (say trayd waw) noun a strongly contested rivalry for market share between two or more commercial organisations, countries, etc …   Australian-English dictionary

  • Anglo-Irish Trade War — The Anglo Irish Trade War (also called the Economic War ) was a retaliatory trade war between the Irish Free State and the United Kingdom (UK) lasting from 1933 until 1938. It involved the refusal of the Irish Government to continue to reimburse… …   Wikipedia

  • war — [wɔː ǁ wɔːr] noun [countable] price/​trade/​sales war COMMERCE a situation in which countries or companies compete against each other very strongly: • Manufacturers of basic commodity products are vulnerable to price wars when demand is slow. •… …   Financial and business terms

  • Trade sanctions — are trade penalties imposed by one or more countries on one or more other countries. Typically the sanctions take the form of import tariffs (duties), licensing schemes or other administrative hurdles. They tend to arise in the context of an… …   Wikipedia

  • war — W1S3 [wo: US wo:r] n [Date: 1100 1200; : Old North French; Origin: werre, from Old French guerre] 1.) [U and C] when there is fighting between two or more countries or between opposing groups within a country, involving large numbers of soldiers… …   Dictionary of contemporary English

  • war — [ wɔr ] noun *** ▸ 1 when countries fight ▸ 2 effort to stop something ▸ 3 when people compete ▸ 4 when people fight/argue ▸ 5 World War II ▸ + PHRASES 1. ) uncount fighting between two or more countries, that involves the use of the military and …   Usage of the words and phrases in modern English

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