The Embargo Act of 1807 was passed by the US Congress and signed into law by President Thomas Jefferson in an attempt to display economic and military neutrality during the Napoleonic Wars. However, the law had unintended consequences, including damage to the American economy and continued trade with Britain. The act was eventually repealed, and […]
A trade embargo is a political strategy where one country prohibits its citizens from doing business with another country. It can be used to force compliance with laws or treaties, and multiple countries may impose it. The US trade embargo with Cuba is an example. Violating a trade embargo is illegal, but aid can still […]