Sentences with phrase «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
«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.
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«But a strong majority of participants viewed the prospect of retaliatory trade actions by other countries» as a downside risk.
Now Ontario and Quebec officials are not ruling out taking retaliatory trade measures against New York.
BEIJING The Chinese industry body which recommended targeting scrap aluminium in retaliatory trade action against the United States is already exploring what other measures could be taken, an official said on Monday.
And yet, it is not only the United States that has resorted to national security reasons in the past year for retaliatory trade measures, investment restrictions, and other international economic measures.
Now officials from Ontario and Quebec - where most of that nation's steel is produced - are not ruling out taking retaliatory trade measures against New York State.
Looking ahead, the Asian country could conceivably become America's number one export market — provided Trump can hash out a better trade deal without inciting retaliatory trade blockades.
Mr. Trump's announcement came despite months of heavy pushback from American companies that use metals in their products, like automakers and food packagers, and foreign officials, who warned that tariffs would strain relations and could prompt retaliatory trade actions.
But as with other retaliatory trade tactics, it would hurt China too.
And then, once all other avenues had been pursued, there would be a tit - for - tat retaliatory trade response.
And, if conflict is unavoidable, lawmakers and regulators must consider that relatively few cases are actually litigated, and penalties in the form of retaliatory trade sanctions are subject to negotiation.
«But a strong majority of participants viewed the prospect of retaliatory trade actions by other countries» as a downside risk.
It's not only the Dow Jones Industrial Average that could be at stake in a retaliatory trade war.