What are strategic trade policies, and when can they become a problem?

Question

Quizplus · Accepted Answer

The Answer is Strategic trade policies are threats to implement tariffs to bring about a reduction in tariffs or some other concession from the other country. The potential problem with these policies is that they can backfire. In order for a strategic trade policy to work, the other side must believe that you'll go through with your threat. Thus, it can lead to a country that actually supports free trade to impose trade restrictions, just to show that it's committed to free trade.

What Are Strategic Trade Policies, and When Can They Become