Phrases with «foreign retaliation»

"Foreign retaliation" refers to the act of one country responding or fighting back against another country after it has been harmed or attacked by that country. It can involve actions like imposing tariffs or trade barriers, implementing sanctions, or engaging in military conflict as a way to defend oneself or seek revenge. Full definition

Sentences with «foreign retaliation»

  • «Business Roundtable strongly disagrees with today's announcement because it will hurt the U.S. economy and American companies, workers and consumers by raising prices and resulting in foreign retaliation against U.S. exporters,» Joshua Bolten, president of the influential Business Roundtable, said in a statement. (vox.com)
  • The fact that declines in the aggregate US stock markets were about 100 times as much as the gains for steel and aluminium companies illustrates that because the steel using sector dwarfs the steel producing sector, the net effect of the tariff policy is to reduce US competitiveness even before considering foreign retaliation. (larrysummers.com)
  • Many economists worry that foreign retaliation against American tariffs on steel and aluminum imports could escalate. (nytimes.com)
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