Tag: trade war
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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…
