trade bazooka
English
This English term is a hot word. Its inclusion on Wiktionary is provisional.
Proper noun
- (informal, economics) 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.
- 2026 January 19, Martin Beckford, Mark Nicol, “Nato faces ‘disaster’ in row with Trump”, in Daily Mail, page 6:
- 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.
Noun
trade bazooka (plural trade bazookas)
- (informal, economics) Any trade-related instrument, law, or practice with potential for a large effect.
- 2017 January 6, Shawn Donnan, Sam Flemming, “Tycoon's troops prepare ground for trade battles: Washington: Policy shake-up”, in Financial Times, page 3:
- Mr Trump has put renegotiating the 22-year-old North American Free Trade Agreement with Canada and Mexico high on his list of priorities. With his threat this week to impose a "big border tax" on GM cars made in Mexico he also levelled a trade bazooka at the regional supply chains that exist under Nafta.
- 2019 December 11, Ryan McCrimmon, “NAFTA-noon delight for farmers”, in Politico:
- The EU’s top trade civil servant, Sabine Weyand, is in D.C. today for trade talks with the Trump administration, reports POLITICO Europe’s Jakob Hanke. […] Weyand’s visit comes as commissioners in Brussels are set to greenlight a new trade bazooka aimed squarely at the U.S. in the form of new tariffs.