protective tariff

noun

Definition of protective tariff

: a tariff intended primarily to protect domestic producers rather than to yield revenue

Examples of protective tariff in a Sentence

Recent Examples on the Web Nations around the world — but particularly in the motor economies of Europe — began throwing up their own protective tariff shields. David A. Andelman For Cnn Business Perspectives, CNN, 30 Aug. 2019 The researchers found that protective tariffs helped American producers, such as Rust Belt steel companies, gain $23 billion in new revenue. Susan Tompor, Detroit Free Press, 31 July 2019 After the war, President Madison acceded to a Second Bank of the United States and a system of protective tariffs. Jay Cost, WSJ, 8 June 2018 Dwight Eisenhower was far and away the leader, issuing 35 protective tariffs during his two terms. Kenneth Lowande, Washington Post, 6 Mar. 2018 Looking to Alexander Hamilton, not Jefferson, for inspiration, this plan consisted of protective tariffs, a central bank and federal funding for internal improvements. Jon Talton, The Seattle Times, 17 Feb. 2018 The primary tool for this task was the protective tariff, intended to stimulate domestic industry by shielding it from competition abroad, particularly Great Britain. Jay Cost, National Review, 2 Oct. 2017 White’s book ends in 1896, with the debacle of the agrarian Populist movement and reconsolidation of a Republican Party that now worshiped the gold standard and protective tariffs. Sean Wilentz, New York Times, 19 Sep. 2017 The Journal’s free-market principles were violated when Hoover bowed to heavy lobbying by farmers and industry and signed the notorious Hawley-Smoot Tariff Act of 1930, one of the greatest protective tariff increases in American history. George Melloan, WSJ, 14 July 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'protective tariff.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of protective tariff

1838, in the meaning defined above

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The first known use of protective tariff was in 1838

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Cite this Entry

“Protective tariff.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/protective%20tariff. Accessed 24 Jun. 2021.

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More from Merriam-Webster on protective tariff

Britannica.com: Encyclopedia article about protective tariff

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