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LSDefine

Simple English definitions for legal terms

protective tariff

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A quick definition of protective tariff:

Protective Tariff: A tax on imported goods that is meant to protect domestic industries from foreign competition. This tax makes foreign goods more expensive, which encourages people to buy goods made in their own country instead.

A more thorough explanation:

A protective tariff is a tax on imported goods that is designed to protect domestic industries from foreign competition. The purpose of a protective tariff is to make imported goods more expensive, which makes domestic goods more competitive in the marketplace.

For example, if a country imposes a protective tariff on imported steel, it will make steel from other countries more expensive. This will make it more difficult for foreign steel producers to compete with domestic steel producers, which will help protect jobs in the domestic steel industry.

Another example is the protective tariff that the United States imposed on Chinese solar panels in 2012. This tariff was designed to protect American solar panel manufacturers from competition from China, which was flooding the market with cheap solar panels.

Overall, protective tariffs are controversial because they can lead to higher prices for consumers and can also lead to retaliation from other countries, which can hurt exports and jobs in other industries.

protective sweep | protector

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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