7 sentences with “embargo”

Jefferson's embargo prevented American merchants from participating in the Atlantic trade, severely reducing their profits.

President Jefferson's embargo on British manufactured goods from late 1807 to early 1809 encouraged more New England merchants to invest in industrial enterprises.

There is even evidence that the Hittites enacted the world's first embargo on shipping and goods against the Mycenaeans in retaliation for the latter's meddling in Hittite affairs.

This act prohibited American ships from leaving their ports until Britain and France stopped seizing them on the high seas. As a result of the embargo, American trade came to an almost complete halt.

The logic behind the embargo was that cutting off all trade would hurt Britain and France so much that the embargoes at sea would end. However, while the embargo had some effect on the British economy, it was US trade that suffered the most.

The incredible economic boom of the post-war decades came to an abrupt halt in the early 1970s, when OPEC, the international consortium of oil-producing nations, instituted an oil embargo in protest at Western support for Israel in the 1973 Yom Kippur War.

In Haiti, the leader of the rebellion, Toussaint, who had to contend with several internal rivals seeking to displace him, sought to end the US embargo on France and its colonies, put in place in 1798, so that his forces could receive aid to deal with civil unrest.