embargo

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Embargo

The legal prohibition of the sale of goods to or purchase of goods from a country. An embargo may be partial. For instance, a country may boycott all bananas from a certain country. An embargo usually occurs for political or security reasons. For example, in 1962 the United States imposed an embargo on nearly all trade with Cuba in response to the nationalization of American business interests in Cuba.

embargo

the prohibition of the IMPORT and EXPORT of particular types of product (for example, military equipment) or a complete ban on trade with a particular country as an adjunct to the political policies pursued by the government.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

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The trade embargo, which was concurrent with the U.S.

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trade embargo for some 50 years, including a travel ban.

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There's also been some discussion of easing the half-century-old trade embargo.

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Summary: TRIPOLI: Libya slapped a trade embargo on Switzerland on Wednesday and demanded an apology for caustic US comments about Libyan leader Moammar Gadhafi's call for a jihad, or armed struggle, against the European state.The announcements, reported by the state news agency Jana, marked an escalation of a dispute between Libya and Switzerland and showed the sensitivity