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Trade Sanction

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Trade Sanction
One or more trade barriers that a country places upon another country as a punitive action. A country may institute a trade sanction because it disagrees with its trade policies; for example, if country A subsidizes domestic corn so that it reduces demand for country B's imports, country B may restrict the import of country A's wheat as punishment. Alternatively, a trade sanction may occur when two countries disagree on a more fundamental level. A trade sanction should not be confused with an economic sanction.


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IF THE European Union ( EU) has its way, trade sanctions for advanced developing economies not willing to commit to emission cuts, such as India, could become a reality.
Summary: United States President Barack Obama late on Thursday extended sanctions against Syrian or pro-Syrian personalities, days after the White House said it would ease trade sanctions imposed on the Arab United States President Barack Obama late on Thursday extended sanctions against Syrian or pro-Syrian personalities, days after the White House said it would ease trade sanctions imposed on the Arab state.
US rice growers expect President Barack Obama to trade sanctions against Cuba this year and say this could lift US rice sales to the island to at least 200,000 tons annually, reports Reuters (March 23, 2009).
 
 
 
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