protective tariff Synonyms
No Synonyms and anytonyms found
protective tariff Meaning
Wordnet
protective tariff (n)
a tariff imposed to protect domestic firms from import competition
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.
