protective tariff Sentence Examples
- The government imposed a protective tariff on imported steel to bolster domestic production.
- Advocates argue that a protective tariff is necessary to protect local industries from unfair competition.
- Opponents of the protective tariff claim that it could lead to retaliatory measures from trading partners.
- The protective tariff on foreign automobiles aims to encourage consumers to buy domestically produced cars.
- Historically, countries have used protective tariffs to shield their economies from external pressures during times of economic downturn.
- The steel industry lobbied for a protective tariff to counteract the dumping of cheap steel by foreign producers.
- Critics argue that a protective tariff can distort market forces and lead to inefficiencies.
- The government is considering implementing a protective tariff on imported textiles to revive the struggling textile industry.
- Trade negotiations often involve discussions about reducing or eliminating protective tariffs to promote free trade.
- Economists debate the long-term effects of protective tariffs on economic growth and consumer welfare.
protective tariff Meaning
Wordnet
protective tariff (n)
a tariff imposed to protect domestic firms from import competition
Synonyms & Antonyms of protective tariff
No Synonyms and anytonyms found
FAQs About the word protective tariff
a tariff imposed to protect domestic firms from import competition
No synonyms found.
No antonyms found.
The government imposed a protective tariff on imported steel to bolster domestic production.
Advocates argue that a protective tariff is necessary to protect local industries from unfair competition.
Opponents of the protective tariff claim that it could lead to retaliatory measures from trading partners.
The protective tariff on foreign automobiles aims to encourage consumers to buy domestically produced cars.
