The Hindu Editorial (A vicious cycle) – Jun 09, 2018

The Hindu Editorial (A vicious cycle) – Jun 09, 2018

Nobody wants to lose a trade war. The European Commission on Wednesday announced it would impose tariffs as high as 25% on imports worth $3.3 billion from the U.S. beginning July. For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (A vicious cycle) – Jun 09, 2018.

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Today’s word list-2 for The Hindu Editorial (A vicious cycle) – Jun 09, 2018:

vicious (adjective) – serious, dangerous, dreadful.
mull (verb) – ponder, consider, think about.
trade war (noun) – a condition in which a country increase tariffs on foreign goods and impose quota restrictions to restrict other countries’ trade.
wage (verb) – conduct, execute, carry on.
join hands (phrase) – work together.
salvo (noun) – attack, aggressive act, assault.
zealousness (noun) – eagerness, interest, dedication.
protectionism (noun) – the use of tariff and non-tariff restrictions on imports to protect domestic producers from foreign competition.
retaliatory tariff (noun) – another name for punitive tariff; An extra tariff/tax that a country charges on import goods from another country to punish the another country for charging tax on its own export goods.
aptly (adverb) – suitably, perfectly/rightly, smartly.
lose-lose situation (noun) – a situation that gives unfavourable outcome for all involved.
warring (adjective) – opposing/conflicting, aggressive, hostile.
tit for tat (adjective) – relating to/denoting an action done in retaliation/revenge.
at the cost of (phrase) – at the expense of, sacrifice, at the loss of.
it is high time that (phrase) – an appropriate time for something (should have been done earlier).
free trade (noun) – a policy to eliminate barriers/limits/regulations against imports and exports.

Note:

Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc from http://www.oxforddictionaries.com/.
Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in different context.
This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.