trade war
noun [C] COMMERCE, POLITICSDefinition
› 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 will help the two countries avert a trade war. The issue had threatened to escalate into a full-blown trade war. a damaging trade war
(Definition of trade war noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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