trade war Meaning in the Cambridge English Dictionary
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Meaning of “trade war” in the English Dictionary

"trade war" in Business English

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trade warnoun [C]

a ​situation in which two or more countries ​raiseimporttaxes 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 ​tradewar. The ​issue had threatened to ​escalate into a full-blown ​tradewar. a damagingtradewar
(Definition of trade war from the Cambridge Business English Dictionary © Cambridge University Press)
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