Phrases with «retaliatory trade»

"Retaliatory trade" refers to a situation where one country imposes trade restrictions or tariffs on another country's goods in response to that country's similar actions. It is a form of retaliation or punishment in trade disputes between nations. Full definition

Sentences with «retaliatory trade»

  • «Participants did not see the steel and aluminum tariffs, by themselves, as likely to have a significant effect on the national economic outlook, but a strong majority of participants viewed the prospect of retaliatory trade actions by other countries, as well as other issues and uncertainties associated with trade policies, as downside risks for the US economy,» the minutes said. (businessinsider.com)
  • «But a strong majority of participants viewed the prospect of retaliatory trade actions by other countries» as a downside risk. (afr.com)
  • Now Ontario and Quebec officials are not ruling out taking retaliatory trade measures against New York. (nystateofpolitics.com)
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