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