The Hindu Editorial (Trade rhetoric) – Aug 16, 2019

U.S. President Donald Trump opened up another front in the ongoing global trade war on Wednesday by ramping up rhetoric against the World Trade Organization (WTO). For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Trade rhetoric)- Aug 16, 2019.

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Today’s word list-2 for The Hindu Editorial (Trade rhetoric) – Aug 16, 2019:

rhetoric (noun) – bombast, loftiness, hyperbole/extravagant language.
pullout (noun) – departure, withdrawal, exit.
further (verb) – promote, advance, forward, stimulate.
free trade (noun) – a policy to eliminate barriers/limits/regulations against imports and exports.
trade war (noun) – a condition in which a country increase tariffs on foreign goods and impose quota restrictions to restrict other countries’ trade.
ramp up (phrasal verb) – increase or cause to increase.
multilateral (adjective) – involving many different countries (in which all WTO member countries are party to the agreement).
point out (phrasal verb) – identify, specify/indicate, refer to.
classify (verb) – categorize, group, rank, grade.
take_advantage_of (phrase) – make use of, utilize, capitalize on, benefit from.
exemption (noun) – exclusion, relief, exception.
tag (noun) – identity, label, name.
in order to (phrase) – as a ways/methods to.
relative (adjective) – considerable, some, reasonable.
per capita (adverb & adjective) – per person, for each, individually.
substantial (adjective) – considerable, real, significant.
skew (adjective) – distort/alter, misrepresent, falsify.
rake up (phrasal verb) – recollect the forgotten memory; drag, pull/draw back from the past.
pretext (noun) – a false reason/excuse given to do something by hiding the true purpose (which is usually a bad one).
point the finger at (phrase) – accuse, blame, denounce, inform against.
protectionist (adjective) – relating to the use of tariff and non-tariff restrictions on imports to protect domestic producers from foreign competition.
retaliatory tariff (noun) – 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.
bolster (verb) – strengthen, support, boost.
hold on to (phrase) – retain, keep, keep possession of; grasp/grip.
take up (phrasal verb) – accept, agree to, accede to.
reciprocation (noun) – counteraction, redress, compensation.
in the way of (phrase) – as a form of.