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trade war

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Definition of trade war in English:

noun

A situation in which countries try to damage each other’s trade, typically by the imposition of tariffs or quota restrictions.
Example sentences
  • There already are indications that the commercial dispute between Japan and China will be contained, preventing a wider trade war which could damage economies across Asia.
  • The biggest threat: an all-out trade war that clobbers corporate confidence and puts a dent in the global economy.
  • What is certain is that a trade war would be hugely damaging for both the US and the EU.

Definition of trade war in:

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