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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References in classic literature ?
He said just now (he nodded at Razumihin) that I sanction bloodshed.
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It comes after the Government announced it is scrapping lengthy sanctions.
The Trump Administration has presented Iran a Now Ruz gift of new sanctions imposed on 14 people and 17 entities that work on military research and production.
Recently US President Donald Trump tweeted that he ordered the "withdrawal" of North Korea sanctions. It is still unclear whether he pulled back an upcoming package of North Korea sanctions or ones that had been announced just the day before.
President Donald Trump said Friday he has ordered the withdrawal of new sanctions on North Korea, possibly signaling an intention to continue denuclearization negotiations with the regime.
WASHINGTON, March 22 (KUNA) -- US President Donald Trump on Friday announced he would reverse new sanctions on North Korea one day after the Treasury Department sanctioned two China-based shipping companies for helping Pyongyang evade existing sanctions.
In 2018, as part of the implementation of tax control in Azerbaijan, individuals and legal entities were imposed tax sanctions worth 20.8 million manats, Trend reports with reference to the report by the Ministry of Taxes.
While the United States has long used sanctions to implement foreign policy, their complexity has increased significantly in recent years, posing an array of practical challenges for companies operating internationally or engaging in cross-border transactions.
Over the next four years, under a sanctions program put in place by U.S.
BEIRUT: The new sanctions signed by US President Donald Trump against Hezbollah were no surprise for the people of Lebanon, but they are being imposed when Lebanon has been suffering from a government vacuum for five months.