trade bazooka

Definitions

1. 1

   The Anti-Coercion Instrument, a European Union regulation since 2023, aiming to protect…

   The Anti-Coercion Instrument, a European Union regulation since 2023, aiming to protect the EU and its member states from economic coercion by third countries by providing a framework for EU action and countermeasures.

   • As a deepening crisis threatens the future of Nato, European leaders are considering deploying their so-called trade ‘bazooka’ for the first time in retaliation, an economic tool that would hit the US with £81billion in tariffs.
2. 2

   Any trade-related instrument, law, or practice with potential for a large effect.

   • With their 3900 farmer members staring down the barrel of a Chinese trade bazooka, you might think the directors of Australia's biggest co-operative would be focused on fighting the trade war and saving the barley industry.

The neighborhood