protective tariff

noun

a tariff levied on imports to protect the domestic economy rather than to raise revenue
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Culture definitions for protective tariff

protective tariff


A duty imposed on imports to raise their price, making them less attractive to consumers and thus protecting domestic industries from foreign competition.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.