A protective tariff is a type of tax imposed on imported goods to make them more expensive compared to domestic products.

Protective Tariffs Would Damage America’s Economy, Despite Claims They Could Jump-Start Growth. Today’s economy is vastly different from that of a century ago. Globalization has interconnected markets ...

Protective tariffs can provide critical support for U.S. industries by shielding them from unfair foreign competition, such as price dumping. However, while they help domestic manufacturers, ...

"A protective tariff increases the price of imported goods relative to domestic goods, encouraging consumers to buy from local producers, who are thus “protected” from foreign competition.

We knowingly permitted allies to shield their emerging industries behind protective tariffs and other non-tariff barriers, effectively subsidizing their growth through unrestricted access to U.S ...

At its founding, the new nation relied on tariffs to finance the federal government as no other source of revenue was readily ...

1. President Donald Trump's so-called "trade war." Many call the American effort to obtain either tariff parity or a reduction in the roughly $1 trillion trade deficit and 50 years of consecutive ...

Revenue from tariffs hit a record high of more than $16 billion in April, helping to reduce the pace of the U.S. budget deficit accumulation, the Treasury Department said on Monday.

Trump's new taxes may reduce the spending power of American consumers, but that is not a president's only concern. He also must protect some U.S. industries.

Expect to see the new protective tariffs, specifically those on Chinese imports, help level the playing field for American businesses and contribute to a renewed American economy.

1. President Donald Trump's so-called "trade war." Many call the American effort to obtain either tariff parity or a reduction in the roughly $1 trillion trade deficit and 50 years of consecutive ...