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.
References in periodicals archive ?
According to Aljazeera, the three countries are now facing threats of trade sanctions from the US who says the ban violates free-trade agreements.
1 (SUNA) - The United States of America on Wednesday said the decision to revoke the economic and trade sanctions against the Sudan was final and that the decision on the national emergency on Sudan was a routine procedures carried out at this time of the year.
ISLAMABAD -- 'With the removal of decades-old trade sanctions on Sudan by U.
In case of trade sanctions this route would be denied to it and the alternate route is many times expensive.
trade sanctions only apply to companies exporting products, or only those operating in the United States?
Assistant Interior Secretary Epimaco Densing said that a Philippine delegation, led by Philippine Drug Enforcement Agency chief Isidro Lapena, went to Brussels and met with EU officials after the EU threatened the Philippines with trade sanctions for its bloody war against drugs.
Today, the World Trade Organization (WTO) authorized Mexico to impose an annual $163 million in trade sanctions against the U.
The shipments had been cut off when stiff trade sanctions were imposed, New Zealand officials said.
Mr Trump has clearly been positioning himself for good relations with President Putin of Russia, which is suffering hugely with both trade sanctions and the collapse of oil prices.
Mr Trump has clearly been positioning himself for good relations with President Putin of Russia, which is suffering with both trade sanctions and the collapse of oil prices.
Treasury removed Tuesday the name of Lebanon-based DK Group from the list of its trade sanctions list, the company announced in a statement released Wednesday.
The US imposed economic and trade sanctions on Sudan in 1997 in response to its alleged connection to terror networks and human rights abuses.