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protective tariff
noun
- a tariff levied on imports to protect the domestic economy rather than to raise revenue
Example Sentences
The National Association of Manufacturers was created in the late 19th century “to advocate for the federal imposition of protective tariffs, and to encourage the U.S. government to build the Panama Canal.”
“After all, such an agreement would certainly be better than a bidding competition on subsidies and protective tariffs, which some see coming our way as a result of the American Inflation Reduction Act,” he said.
Yet they also turned to government for protective tariffs, support for foreign trade and investment, controls over strikes and labor organizing, and pro-business regulations.
The Republican coalition included businesses, Civil War veterans, northern regionalists and labor unions who supported protective tariffs.
The president’s allies point to his confrontation with China over economic policy, as well as modest growth in some of the domestic industries he has shielded with protective tariffs.
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