What Is a Protective Tariff?

Protective tariffs are the establishment of a very high tariff barrier to effectively eliminate competition with domestic enterprises, or eliminate the danger of being destroyed by cheap competitive imports.

Protective tariff

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Protective tariffs are the establishment of a very high tariff barrier to effectively eliminate competition with domestic enterprises, or eliminate the danger of being destroyed by cheap competitive imports.
Otherwise, protective tariffs can only provide partial protection. Although foreign goods are not expelled, the corresponding local industry will be given a security deposit on the price equal to the amount of the tariff to continue its domestic market supply.

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