Search results
Results From The WOW.Com Content Network
Protectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations.
Protectionism in the United States is protectionist economic policy that erects tariffs and other barriers on imported goods. This policy was most prevalent in the 19th century. At that time, it was mainly used to protect Northern industries and was opposed by Southern states that wanted free trade to expand cotton and other agricultural exports.
The Tariff Act of 1930 (codified at 19 U.S.C. ch. 4), commonly known as the Smoot–Hawley Tariff or Hawley–Smoot Tariff, [1] was a law that implemented protectionist trade policies in the United States.
That protectionist policy, which triggered retaliatory measures from other nations, was seen by many economists as exacerbating the Great Depression. Duncan Braid, the coalition director of ...
PARIS (Reuters) -European aerospace companies are bracing for "very strong" protectionism in the United States under the administration of President-elect Donald Trump, the head of planemaker ...
Xi's critique of protectionism at APEC offers a preview of how China will seek to position itself once Trump takes office in January. As Trump return looms, China's Xi at APEC criticises protectionism
The United States pursued a protectionist policy from the beginning of the 19th century until the middle of the 20th century. Between 1861 and 1933, they had one of the highest average tariff rates on manufactured imports in the world. After 1942, the U.S. began to promote worldwide free trade.
Protectionist policies To help domestic firms and enterprises at the expense of other countries. Import quotas; local content requirements; public procurement practices; anti-dumping laws; Challenges levied at World Trade Organization, Free-trade area dispute resolution, and other trade forums Assistance policies