Meaning & use

protective tariff

noun·Academic

A tax on imported goods intended to make them more expensive than similar domestic products, protecting local industry.

See it in a sentence

The government imposed a protective tariff on foreign steel to support domestic manufacturers.

Economists disagreed on whether the protective tariff would save jobs or raise consumer prices.

A note on using this word

A protective tariff differs from a revenue tariff, which is designed mainly to raise government income rather than shield local producers.

Words with a similar meaning

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