Phrases with «economic protectionism»

Economic protectionism refers to the practice of a country shielding its domestic industries and economy from foreign competition by imposing barriers like tariffs, quotas, and restrictions on imports. This strategy aims to support local businesses, protect jobs, and promote domestic production. Full definition

Sentences with «economic protectionism»

  • And amid the debate over how far the government should go to protect certain industries in the era of global competition and technological change, some trade and industry experts are questioning whether the administration is simply using national security as an excuse for economic protectionism. (washingtonpost.com)
  • Price's conclusion is telling: «Lengthy and vigorous popular press campaigns demanded economic protectionism in the 1920s and a referendum on Europe in the 1990s and 2000s. (totalpolitics.com)
  • These economists, among them 14 Nobel Prize winners, warned the president that his tariff policies and economic protectionism mirrored similar actions of the 1930s that lead to the Great Depression. (america.cgtn.com)
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