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You call them sanctions when you talk about your enemies, you call them tariffs when you do it to your friends. The difference is nearly 0.
by Karishma1234 8y ago
You call them sanctions when you talk about your enemies, you call them tariffs when you do it to your friends. The difference is nearly 0.
- akhatri_aus 8y agoSanctions involve a total ban on trade. tariffs involve a tax on imports, quota impose a limit on imports. If only 0 was an asymptote it would fit your description.
- Karishma1234 8y agoThink of ban as a variable between 0 - 1. Sanctions = 1.0 and Tarrifs < 1.0. Tarrifs are sanctions. (Increasing taxes on something is a partial ban).