A US foreign Policy tool in which the government imposes tariffs, quotas, embargoes, or other trade barriers on other nations is referred to as economic sanction.
Economic sanctions can be defined as trade punishment or penalties by a country against another country. They are imposed on other countries because of economic, political or social issues.
Economic sanctions includes various forms of trade barriers, tariffs, and restrictions on commercial transactions (trade). The primary objective of economic sanction is to limit trade with the country which the sanction is imposed.
