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Protectionism

//pɹəˈtɛk.ʃə.nɪ.zəm// noun

Definitions

Noun
  1. 1
    A system or policy of protecting the domestic producers of a product from foreign competition by imposing tariffs, quotas, duties or other barriers on importations. countable, uncountable

    "Take the New Right's full-throated embrace of protectionism and industrial policy. This romance with protectionism started in the 1990s with former GOP presidential candidate Pat Buchanan, gained enormous traction under former President Donald Trump, and is still going strong today."

  2. 2
    the policy of imposing duties or quotas on imports in order to protect home industries from overseas competition wordnet
  3. 3
    Linguistic purism. countable, uncountable

Etymology

Borrowed from French protectionnisme, equivalent to protection + -ism.

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