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Simple English definitions for legal terms

protective tariff

Read a random definition: COVID-19 Resources

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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Def that fulbright
choosingpeace
13:14
ohhhh
choosingpeace
13:14
i didn't even see that yep fas
lilypadfrog
13:14
why does the Fulbright have so much weight? idgi
And several pubs, and solid we. pretty awesome app
texaslawhopefully
13:14
idk I feel like that Fulbright isn't that big of a diff, there's so many countries where it is easy to get
snow
13:14
im telling yall, sictycoffees and nothim are like prime kobe and shaq
texaslawhopefully
13:14
it is prolly they just had a great overall narrative and not KJD
13:14
^
13:14
KJD 🗑️ squad
Maybe a fulbright alone isnt insanity, but pairing it with several first author pubs is sick
13:15
Besides lion ur killin jt
texaslawhopefully
13:15
yeah half tuition at CLS is fantastic
Thank you! But lowkey my page a lil fake. Withdrew from UChi after missing the II and the fact my future wife wants to leave the midwest anyways (i cant lie its mainly the first reason tho)
13:16
UChi didn’t inv u but you hit cls w half
13:16
That’s crazy haha
Honestly no clue. I missed NU waves too. Quite frankly, I think my why chicago statements were very meh
My PS and DS were sort of emotion but ended on a happy note. My why chi’s also did a little emotional stuff and I think it might’ve hurt me a bit. No clue tho🤷🏽‍♂️
Trismegistus
13:17
im pubbed in a bar association does that not mean anything wtfffff :(
13:18
@ImpartialLion: water under the bridge for you now tbh 🔥
13:18
Wonder what HLS is doing w our apps tho
texaslawhopefully
13:18
at least you're wondering lol
texaslawhopefully
13:18
I had the II and then got R'd
lilypadfrog
13:19
guys am I part of this conversation i also have a good lsat and no acceptances. I want to feel included
Trismegistus
13:19
my own alma mater straight up ignoring me too
13:19
@lilypadfrog: ur not a kjd without work experience. Back off
I think I’m headed for the HLS WL. I heard that if you get off the WL, you put down your deposit before you hear your offer? Idk how i feel ab that
13:19
*
Every thursday, i still pretend like I have a chance at a II tho
13:20
Yeh my friend got it 5/15 last year… crazy late
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