Embargo/ɪmˈbɑːrɡəʊ/ Definition 1 of 3Pro Tip 1/3Political Consequences Embargoes can strain political relationships and are often used as leverage. The embargo heightened tensions between the two nations. Pro Tip 2/3Economic Impact A trade embargo impacts both countries' economies by disrupting the flow of goods. Farmers suffered losses due to the trade embargo. Pro Tip 3/3Broad Application Embargoes can target specific products or all trade, depending on the issuing country's goals. The tobacco embargo affected all related products.