Meaning & use
protective tariff
Last updated
Meaning
nouncountablebusiness
A tax placed on imported goods so they cost more than home-made ones, helping local producers compete.
Grammar: A count noun, often with on: a protective tariff on steel.
Patterns
- a protective tariff on something
The government introduced a protective tariff on imported steel.
Farmers welcomed the protective tariff because it raised the price of foreign grain.
Critics say a protective tariff makes everyday goods more expensive.
Word forms
| plural | protective tariffs |
|---|
Common combinations
- impose a protective tariff
- The country imposed a protective tariff on cars.
- high protective tariff
- A high protective tariff shielded the young industry.
- protective tariff on imports
- A protective tariff on imports raised prices at the shops.
- remove protective tariffs
- Trade talks aimed to remove protective tariffs.
- protective tariff policy
- The party defended its protective tariff policy.
Synonyms and how they differ
- import duty
- Import duty is a general tax on imports for any reason, while a protective tariff is specifically meant to shield local producers.
- trade barrier
- Trade barrier includes quotas and rules as well as taxes, whereas protective tariff names one kind, a tax.
- customs duty
- Customs duty is the neutral legal term, and it may be meant to raise revenue rather than protect industry.
Opposites
Word family
Commonly confused: protective tariff or revenue tariff?
protective tariff vs revenue tariff
A revenue tariff is set mainly to raise money for the government, so it is usually lower. A protective tariff is set high enough to make imports uncompetitive.
Practice
A tax placed on imported cars mainly to help local carmakers compete is called a ___.
Choose one answer.
A protective tariff aims to shield local industry. A revenue tariff is meant to raise government money, while sales tax and income tax are not taxes on imports.
Make it your own
Write a sentence using “protective tariff”, then check it and compare it with the examples above.