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protective tariff

noun
1.
a tariff levied on imports to protect the domestic economy rather than to raise revenue
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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protective tariff in Culture

protective tariff definition


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

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