Glossary


Terms & Glossaries of Shipping and Trading

Trade Barriers

Trade barriers are government policies or regulations that limit or impede international trade, such as tariffs, quotas, embargoes, and subsidies.

What are Trade Barriers?

"Trade barriers" refer to government policies or regulations that restrict or impede international trade, such as tariffs, quotas, embargoes, and subsidies. These barriers can make it more difficult or expensive for businesses to import or export goods and can limit the flow of goods and services between countries. Trade barriers are often used to protect domestic industries, but they can also have negative effects on global economic growth and development.