Global Trade Controls

Global Trade Controls refer to the regulations and laws that govern the exchange of goods and services across international borders. These controls are put in place by governments to ensure national security, prevent illegal trade, protect economic interests, and comply with international agreements. They can include tariffs, import/export restrictions, and licensing requirements for certain products, especially sensitive items like technology and weapons. Essentially, global trade controls help manage how countries trade with one another and ensure that trade practices align with a nation’s policies and values.