US embargo

American commercial ban

A US embargo is a government-ordered restriction on trade or economic activity with a specific country, entity, or sector.

The United States maintains embargoes against nations like Cuba, North Korea, and Iran, prohibiting most commerce and financial transactions: The US embargo on Cuba has lasted over sixty years.

Violating an embargo carries serious legal penalties.

Related

OFAC · frozen assets · diplomacy · dollar diplomacy · bilateral agreements · national security · economic warfare · trade war · economic pressure · international law · trade restrictions · foreign policy · Cold War · regime change · trade regulations · legal exemptions · enforcement agencies · tariff barriers

Categories
Opposites
trade restriction versus trade openness

US embargofree trade agreement

Treaty eliminating tariffs between nations

free trade · open trade · deregulation · customs union · tariff

economic punishment versus economic reward

US embargoforeign aid

Cross-border governmental help

economic assistance · trade deal · Marshall Plan · subsidies · loan guarantees

isolation versus integration

US embargodiplomatic engagement

Official contact between governments

economic integration · market opening · rapprochement · détente · NAFTA

Family

embargo, embargoes, embargoed, embargoing, bar, bark, barque, barricade, barrier

Familiarity
Top 500,000
Profile
Mostly American · Timeless · Negative · Rated G