trade dispute
Tariff war brewing
A trade dispute is a disagreement between countries over trade policies, tariffs, or market access.
Trade disputes often involve accusations of unfair practices—dumping goods below cost, restricting imports, or violating trade agreements.
The trade dispute between the two nations escalated when retaliatory tariffs were imposed.
The term also applies to labor conflicts between employers and workers, particularly in British usage.
- retaliatory tariffsPunitive import taxes in response
- sanctionApproval or punitive measure
- tit for tatEquivalent retaliation
- dumpingDisposing carelessly or abruptly
- disagreementAbsence of shared opinion
tariff · negotiation · arbitration · economic sanctions · protectionism · conciliation · conflict · import quotas · export controls · mediation · economic warfare · contract enforcement · quota system · most favored nation · bilateral agreements · level playing field · industrial action · labor union
- tradecustoms, commerce, export, exports, quotas
- disputesargument, beef, bicker, clash, conflict
- trade policytariff, quotas, protectionism, sanctions, tariffs
- economic problemsmarket failure, recession, inflation, deflation, stagflation
- International CrisesCuban Missile Crisis, Iran hostage crisis, hostage crisis, Suez Crisis, Bay of Pigs
- labor strikeswalkouts, walkout, picket lines, strike action, coal strike
trade disputetrade agreement
Pact governing international commerce
trade deal · free trade agreement · trade treaty · economic alliance · customs union
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