Meaning of trade bazooka | Babel Free

Definitions

1. 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.
   informal
2. Any trade-related instrument, law, or practice with potential for a large effect.
   informal

Examples

“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.”

“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.”

“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.”

CEFR level