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Contraposition Posted 12 years ago
Vocabulary

trade war

What is a 'trade war'?
  

Top answer

A trade war is when countries raise tariffs on each other's goods in retaliation for tariffs (or other trade actions such as subsidies) that have been imposed by one of them.

  • A trade war is when countries raise tariffs on each other's goods in retaliation for tariffs (or other trade actions such as subsidies) that have been imposed by one of them.
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A trade war is when countries raise tariffs on each other's goods in retaliation for tariffs (or other trade actions such as subsidies) that have been imposed by one of them.

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