economic warfare

Embargoes as strategy

Economic warfare is the use of economic means to damage or weaken an adversary—sanctions, embargoes, blockades, tariffs, or asset freezes.

Unlike military warfare, the weapons are trade restrictions and financial pressure: The allies engaged in economic warfare to cripple the regime's ability to fund its military.

The term also applies to aggressive commercial competition between nations: Some analysts describe the tariff dispute as economic warfare.

tactics

tariffs

Taxes on imports

cyberattack · espionage · sabotage · currency manipulation · supply chain disruption · export controls · import restrictions · asset seizure · divestment · capital flight

coercion

sanctions

Punitive international restrictions

pressure · arm-twisting · ultimatum · retaliation · reprisal · deterrence · blackmail · strong-arming · intimidation · compulsion

trade

tariffs

Taxes on imports

anti-dumping · subsidies · trade barriers · customs duties · trade disputes · export controls · mercantilism · trade imbalance · tit-for-tat · reciprocity

geopolitics

statecraft

Art of government

strategic reserves · petrodollar · reshoring · nearshoring · autarky · self-sufficiency

targets

financial system

Institutions managing money flow

supply chains · currency · sovereign debt · technology sector · agriculture · pharmaceuticals · rare earths · semiconductors · oil and gas · shipping lanes

Categories
Opposites
conflict method

economic warfarearmed conflict

Military combat between groups

diplomatic engagement · conventional warfare · shooting war · hot war · military intervention

economic relationship type

economic warfareeconomic cooperation

Joint financial activity between parties

trade partnership · economic alliance · free trade agreement · economic integration · free trade

market condition

economic warfarefree trade

Unrestricted international exchange

open markets · free market · globalization

Family

economy, warfare, economic, economics, economies, economically, uneconomic, home economics, macroeconomics

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Negative · Rated PG