NOUN
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the imposition of duties or quotas on imports in order to protect domestic industry against foreign competition
he made trade protection a plank in the party platform
How To Use trade protection In A Sentence
- Still, the industry restructuring may turn out to be an epochal event, possibly ushering in an age of stability and an end to trade protectionism.
- Trade protectionism is a self-defeating policy. Times, Sunday Times
- To stem the flow, he advocates strict trade protections, including high tariffs on imported goods.
- The trade protectionism for developing countries that Make Poverty History recommends is a rat trap of gigantic proportions for the world's poor.
- In this connection, the term precaution must not be used as a guise for trade protectionist measures as this would have the effect of casting doubt upon, and even undermining, environmental as well as trade policy objectives. Fact Sheet On Policy Declaration On Environment And Trade
- He is a trade protectionist who would disrupt one of the greatest wealth-creating, wealth-spreading mechanisms since World War II.
- This coalition against the interests of peasants and workers was supported by a strong state that provides trade protection and labour control.
- Over the same period trade protection has increased in the rich countries.
- England stoked fears about a global currency war by warning yesterday that failure to tackle international imbalances could lead to a disastrous bout of trade protectionism. Times, Sunday Times
- The steel industry is coddled by trade protection and massive subsidies.
