trade barriers

Cultural  

1. Tariffs, import quotas, customs regulations, and other disincentives meant to discourage international trade.

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Trade barriers are usually protectionist; that is, they are erected to protect domestic producers who would not be able to compete successfully with foreign producers in a free market or in free trade.

Example Sentences

In January, the Fund raised its growth forecast for the global economy this year, but warned activity could falter if trade barriers rise again and geopolitical conflicts intensify.

From The Wall Street Journal

One implication of these trade barriers, which include tariffs, is that they distort pricing mechanisms in the market.

From The Wall Street Journal

Second, trade barriers push up commodity prices, not only by creating inefficiencies but also by stoking investor appetite.

From The Wall Street Journal

Under the deal, Indonesia will cut trade barriers on more than 99% of American imports - including agriculture, healthcare, seafood, technology and car-related goods - the White House said on Thursday.

From BBC

The head of the World Trade Organization on Friday urged China to change its growth model, arguing that its soaring trade surplus was ultimately unsustainable and risked sparking new trade barriers.

From Barron's