From Wiktionary, the free dictionary
trade war (plural trade wars)
- The practice of nations creating mutual tariffs or similar barriers to trade.
2025 February 3, Léonie Chao-Fong, “Trump tariffs spark retaliation from Mexico, China and Canada”, in The Guardian[1], →ISSN:But for weeks Chinese foreign ministry spokesperson Mao Ning has said Beijing believes there is no winner in a trade war.
practice of nations creating mutual tariffs