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Definition: A trade embargo is a governmental order to restrict trade of certain goods or all goods entirely with a foreign country. This typically stems from political differences between the two nations or economic circumstances that make commercial trade undesirable. What [â¦]
n, pl -goes. 1. (Government, Politics & Diplomacy) a government order prohibiting the departure or arrival of merchant ships in its ports. 2. (Government, Politics & Diplomacy) any legal stoppage of commerce: an embargo on arms shipments. 3. a restraint, hindrance, or prohibition.