Trade war

Trade war,

Definition of Trade war:

  1. Trade wars can commence if one country perceives a competitor nation has unfair trading practices. Domestic trade unions or industry lobbyists can place pressure on politicians to make imported goods less attractive to consumers, pushing international policy toward a trade war. Also, trade wars are often a result of a misunderstanding of the widespread benefits of free trade.

  2. A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the other country's imports.

  3. Conflict between two or more nations regarding trade tariffs on each other. This type of conflict usually arises because the nations involved are trying to improve imports or exports for its own country. Trade wars have the potential of increasing the costs of certain imports if the nations involved refuse to make a compromise.

  4. A situation in which countries try to damage each others trade, typically by the imposition of tariffs or quota restrictions.

How to use Trade war in a sentence?

  1. A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the other country's imports.
  2. Advocates say trade wars protect national interests and provide advantages to domestic businesses.
  3. Trade wars are a side effect of protectionist policies and are controversial.
  4. Critics of trade wars claim they ultimately hurt local companies, consumers, and the economy.
  5. There already are indications that the commercial dispute between Japan and China will be contained, preventing a wider trade war which could damage economies across Asia.

Meaning of Trade war & Trade war Definition

Trade War,

What is Trade War?

  • A trade war begins when one country retaliates against another by increasing import duties or imposing restrictions on imports.

    • A trade war begins when one country retaliates against another by increasing import duties or imposing restrictions on imports.
    • Trade war is a side effect of protectionist and controversial policies.
    • Proponents say a trade war protects national interests and benefits national companies.
    • Critics of trade wars say they have hurt local businesses, consumers and the economy.

  • Conflicts between countries in which each country creates trade barriers to limit or hinder trade with other countries.

  • Economic policy applies when a country seeks to correct a trade imbalance by increasing tariffs on imports of goods and services from more than one country.

Literal Meanings of Trade War

Trade:

Meanings of Trade:
  1. Buy and sell goods and services.

  2. Exchange for something else (usually), usually as a business transaction.

  3. The act of buying and selling goods and services.

  4. Special jobs that usually require manual skills and special training.

  5. Commercial winds

Sentences of Trade
  1. Luxury goods trading broker

  2. Replace the mud shark lever for fish oil

  3. Decision to ban all ivory trade

  4. Basics

  5. Northeast Jobs

Synonyms of Trade

line of business, substitute, line of work, deal, exchange, replace, field, pursuit, walk of life, calling, bargaining, profession, living, marketing, dealing, province, business, day job, commerce, merchandising, buying and selling

War:

Meanings of War:
  1. A state of armed conflict between different states or states or different groups within a state or states.

  2. Join the war

Sentences of War
  1. Japan declares war on Germany

  2. Smaller nations take part in wars

Synonyms of War

tussle, military action, contest, be at war, take the field, join battle, make war, conduct a war, fighting, struggle, conflict, warfare, armed conflict, bloodshed, fight, do battle, be in conflict, combat, wage war, battle, action, take up arms