Trade War: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Trade War

  • a competition between two or more countries for a share of international or domestic trade

Wiktionary Definition for: Trade War

  • the practice of nations creating mutual tariffs or similar barriers to trade

Additional Resources

Tyler, Too: Losing the 'War' on Trade With China
Tyler, Gus Forward 06-02-2000 TYLER, TOO: Losing the `War' on Trade With China After the Battle of Bunker Hill was over, one insightful military leader said, "Another such victory and we will lose the war." He counted the costs, knowing...
Tags: China, Leadership, U.S. Congress
Research articles 2000-06-02
Throwing sand in the gears.(international trade issues)
The United States and Europe are about to embark on a trade war with each other, stemming from a trade issue over bananas. Economic crises around the world have prompted some countries to step up their imports, some illegally, which has forced the American government to once again put trade...
Tags: America, FINANCE, import, Mr., U.S. Congress, World Trade Organization
Research articles 1999-01-30
Making trade policy while pursuing the war on terrorism: free trade remains the objective, but is a step back sometimes necessary for two steps forward?
As in the war against communism, free trade is one of the most potent tools in combating terrorism. However, to move forward it is necessary to get broad agreement. This paper describes and discuss several critical aspects of current trade policy: (1) the Bush Administration use of US trade laws...
Tags: Administration, Bush, FINANCE, Government, import, industry, president, tariff, terrorism, U.S., U.S. Congress, World Trade Organization
Research articles 2002-04-01
BANANA ROW CONTINUES.(European Union criticizes U.S. motives in the banana trade war )
The trade commissioner for the European Union is angrily denouncing U.S. motives in the banana trade war as "entirely political", reports UPI (February 8, 1999): At issue in the banana trade war is the EU guarantee of preferential access for producers in former...
Tags: British Broadcasting Corp., FINANCE, TVs, U.S.
Research articles 1999-03-01
"GATT-Think" With Asymmetric Countries
The paper argues that, in the presence of asymmetric countries, a trade agreement that conforms to GATT's reciprocity rule allows the stronger less trade dependent country to improve its welfare relative to both the free trade and the trade war. Conversely, the weaker more trade dependent country cannot reach the...
Tags: Finance, Free Trade, Reciprocity, Welfare
White papers 2003-03-01
Aircraft trade war erupts
WASHINGTON -- A decades-long struggle between the world's two largest aircraft makers escalated into a new trade war between the United States and Europe, just as France-based Airbus stepped up plans to challenge Boeing for lucrative U.S. defense contracts. U.S. trade officials filed a complaint Wednesday with the...
Tags: Airbus, aircraft, Boeing Co., FINANCE, Government, subsidy, U.S., World Trade Organization
Research articles 2004-10-07
Euro Clash
From the executive summary: ‘Socially sensitive issues may prove to be much more intractable than tariffs, in context of international trade. And that's troubling. With the ebb of Cold War cooperation and the rise of Iraq War fractiousness, trade has been touted as the glue that holds the United States...
Tags: CFO Publishing Corp., Sales Tools, Free Trade, Sales, Finance
White papers 2004-05-01
New Power for the President.(promoting global trade)(Brief Article)
The world has certainly changed. Not because the war in Afghanistan is all but over and the forces of terror are on the run, although that may be part of it. More important is President George W. Bush's other victory, a battle Bill Clinton lost miserably. That...
Tags: China, FINANCE, Globalization, Strategy, U.S. Congress, World Trade Organization
Research articles 2001-12-17
US warns Europe against sparking GM food trade war
THE UNITED States warned Europe last night that restrictions on genetically modified food could spark a trade war and block progress on new world trade talks. Europe's fear of GM foods is "the single greatest trade threat that we face", said Stuart Eizenstat, who is shortly to become deputy US...
Tags: environment, Europe, food, General Motors Corp., Manufacturing
Research articles 1999-06-30
World Trade Center, The Pentagon and the boomerang effect.(military aspects of September 11/02 terrorist attacks on United States)(Brief Article)
The tragic death and injury of thousands of employees as a consequence of the suicide crashes at the World Trade Center and the Pentagon has evoked the spectre of fear, anger and war. Bush/Powell's definition of a war situation is appropriate. The problem is...
Tags: Globalization, Pentagon, SECURITY, Strategy, U.S., Washington, World Trade Center
Research articles 2001-11-01
War of the worlds.(international current-account deficit expected in 2000)(Brief Article)
AS THE trade imbalance between the two blocks widens, the most serious trade war of all time is surely looming. America and Japan? No, their trade gap is modest compared with this. According to official statistics, the whole world is now running a massive current-account deficit....
Tags: America, J.P. Morgan Chase & Co., surplus, theory
Research articles 2000-05-27
US urges Congress to lift Cold War trade law against Russia, Ukraine
WASHINGTON AFP — The US government called on Congress to repeal Cold War legislation hindering trade relations with Russia and Ukraine after signing a bilateral WTO accession deal with Kiev. US Trade Representative Rob Portman and Ukraine's Economy Minister Arseniy Yatsenyuk signed the agreement here to take the ex-Soviet...
Tags: agreement, FINANCE, Russia, U.S. Congress, Ukraine, World Trade Organization
Research articles 2006-03-06
China Offers Chilling Analogy on Trade War
HONG KONG _ In analyzing the threatened trade war between the United States and China, a Chinese government-controlled newspaper this week reached for a chilling analogy. China, it said, wouldn't flinch under threat of U.S. trade sanctions any more than it did 40 years ago,...
Tags: Apple Inc., Delta Air Lines Inc., entertainment, Intel Corp., MARKETING, SOFTWARE
Research articles 1995-02-10
Another trade war?(European Union wins World Trade Organization case on foreign sales corporations)(Brief Article)
AMERICA and Europe may be on the brink of a trade war that could make the disputes over bananas and beef hormones seem trivial. On February 24th the World Trade Organisation upheld, on appeal, the European Union's complaint against "foreign sale AMERICA and Europe may be...
Tags: sales, World Trade Organization
Research articles 2000-02-26
Boeing hopes to avoid US-EU trade war over subsidies
WASHINGTON AFP — Boeing Co. chief executive Harry Stonecipher said he hopes to avoid an all out US-EU trade war over aerospace subsidies, preferring an accord that fixes a limit on state aid. Stonecipher spoke to reporters on a teleconference call five days after Washington opened a trade spat...
Tags: Airbus, Boeing Co., FINANCE, Manufacturing, subsidy, Washington
Research articles 2004-10-11
Fresh China trade war looms over 'dumping' shoes
The European Union will this week unveil plans to im-pose tariffs on Chinese shoes imports after the European Commission uncovered "compelling evidence" of vast government subsidies. In a move that threatens to spark a fresh trade war between the two economic superpowers Peter Mandelson, Europe's trade commissioner,...
Tags: European Commission, FINANCE, Retail, tariff
Research articles 2006-02-20
Flames that lit up the need for a trade umpire
WATCHING THE riots flame against a new round of world trade talks, my mind flashed back to a breaking point the last time around. It was during the Uruguay Round that the World Trade Organisation was born out of the shaky old General Agreement on Tariffs and Trade. But in...
Tags: FINANCE, Government, IMF, U.S., World Bank, World Trade Organization
Research articles 1999-12-06
EU Move on GM Moratorium?
Pressure builds as US trade war looms Pressure builds as US trade war looms
Tags: General Motors Corp.
Research articles 2002-12-10
Newsmakers | Vietnam vet Stone says Hollywood glorifies war
Oliver Stone, who is at the Venice Film Festival for his Sept. 11 drama, World Trade Center, has accused Hollywood of glorifying war. "Pearl Harbor and Black Hawk Down - these movies worshiped the machinery of war," Stone said. "And I think America went back to the concept of war...
Tags: Stone, Vietnam
Research articles 2006-09-03
From Trade Liberalization to Economic Integration: The Clash Between Private and Public Goods
Over the decades during which Sylvia Ostry has been actively engaged in promoting multilateral trade liberalization, that process has broadened from an exclusive focus on "The shallow integration of the postwar, Cold War era" - the reduction or elimination of trade barriers erected at national borders-to concern itself as well...
Tags: University Of Michigan, Liberalization, Integration, Free Trade, Finance
White papers 2003-01-23
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