Tag: trade war
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Get a handle on
Idiom: Get a handle on When you get a handle on something, you can manage it or understand what is going on. This is a helpful phrase to describe how we try to make sense of the world around us. In today’s 24-hour news cycle, many people are finding it difficult to keep up with…
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Enter into
WotD: Enter into The phrasal verb enter into is commonly used in English and means to begin or become involved in a formal process, agreement, or discussion. For example, two countries might enter into a treaty, or national leaders might enter into a conversation. This phrase is often used when talking about official or serious…
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Rub salt in a wound
Idiom: Rub salt in a wound If the title of this post made you cringe, I get it. You might wonder why anyone would rub salt in a wound. This phrase creates a clear picture that helps people understand what pain or discomfort feels like. To rub salt in a wound means making someone feel…
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Take aback
WotD: Take aback The world, from Russia’s Vladimir Putin and China’s Xi Jinping to Venezuela’s Nicolas Maduro and Denmark’s Mette Frederiksen, has been taken aback. The phrase take someone aback means to surprise or shock someone, usually when they don’t see it coming. If someone is taken aback, it’s because something sudden, unusual or unexpected…
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On a knife edge
Idiom: On a knife edge The phrase on a knife edge describes a situation that is very risky or difficult, where things could quickly get much better or much worse. People use it when talking about tense or uncertain times, when no one knows what will happen next. Many people today feel the world is…
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Trump card
WotD: Trump card We live in a time when the US president, who often talks about holding all the cards, is named Trump. How can I resist introducing the meaning of a trump card? A trump card is a powerful card in a card game that beats all others, giving the player an advantage. In…
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Chain reaction
WotD: Chain reaction A chain reaction is a series of events where one action causes another, leading to a cascade of effects. This concept often comes into play in global economics, especially when discussing tariffs and trade relations. Let’s take a closer look at a situation where a tariff of 145% is imposed on Chinese…
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Brinkmanship
WotD: Brinkmanship One of the most notable examples of brinkmanship in recent times is the trade war initiated by the United States, which raised tariffs against several countries. Some may say this trade war can be seen as a form of brinkmanship because it involves imposing tariffs and taking aggressive actions to pressure other nations.…
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Trade war
Word of the Day: Trade war A trade war is a situation where countries impose tariffs or other trade barriers on each other to protect their industries or to respond to trade practices they see as unfair. Recently, the United States entered into a trade war, starting when former President Donald Trump increased tariffs on…
