#TariffHODL
The term “TariffHODL” is a creative combination of the language of cryptocurrencies and trade policy. It refers to a strategy in which countries agree to temporarily freeze or pause tariff adjustments for a specific period of time.
The potential benefits of TariffHODL include:
1. _Stabilize markets_: A pause in tariff changes can provide a period of stability for businesses and investors.
2. _Facilitate negotiations_: A temporary freeze can create a window for diplomatic talks to resolve trade disputes.
3. _Assess impact_: A TariffHODL allows policymakers and businesses to assess the effects of existing tariffs before making new changes.
Examples of how TariffHODL can be applied include:
- Countries in a trade dispute agree to suspend tariff increases for a period of time to facilitate negotiations.
- A country imposes tariffs on a specific product and agrees not to increase those tariffs for a period of time to assess the impact.
Although the term TariffHODL is relatively new and not widely recognized, it reflects a creative approach to resolving trade disputes and promoting economic stability.