protectionism

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pro·tec·tion·ism

 (prə-tĕk′shə-nĭz′əm)
n.
The advocacy, system, or theory of protecting domestic producers by impeding or limiting, as by tariffs or quotas, the importation of foreign goods and services.

pro·tec′tion·ist n.

pro•tec•tion•ism

(prəˈtɛk ʃəˌnɪz əm)

n.
the practice of protecting domestic industries from foreign competition by imposing import duties or quotas.
[1855–60]
pro•tec′tion•ist, n., adj.

protectionism

the theory or practice of a method of fostering or developing industry through restrictive tariffs on foreign imports. — protectionist, n., adj.
See also: Economics
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.protectionism - the policy of imposing duties or quotas on imports in order to protect home industries from overseas competition
economic policy - a government policy for maintaining economic growth and tax revenues
import barrier, trade barrier - any regulation or policy that restricts international trade
Translations

protectionism

[prəˈtekʃənɪzəm] Nproteccionismo m

protectionism

[prəˈtɛkʃənɪzəm] nprotectionnisme m

protectionism

protectionism

[prəˈtɛkʃˌnɪzm] nprotezionismo
References in periodicals archive ?
"China strongly opposes trade protectionism and blockade in the field of new technologies.
The commission will continue with the work of exempting certain items from additional tariffs, it said, adding China's imposition of additional tariffs is a forced response to US unilateralism and trade protectionism. "We hope China and the US will resolve differences in a manner acceptable to both sides on the premise of mutual respect, equality, good faith, and consistency of words and deeds," the statement added.
China's industry ministry said in late July that the country would need more stimulus to achieve 2019's industrial output growth target of 5.5% to 6.0%, citing trade protectionism pressures.
The People's Bank of China said the weakening of its currency was in response to "unilateralism and trade protectionism measures," but stressed that the rising and falling of currencies was normal.
China's yuan fell to an 11-year low below the politically sensitive 7.0 to the dollar level, which the PBoC blamed on "trade protectionism," and which has the potential to mark the point at which the trade war starts to boil.
"Trade protectionism is bad for the global economy, and fears concerning this matter continue to affect sentiment across global markets and on the ground in many of our locations," the bank added.
China opposes trade protectionism and unilateralism and expects all parties, including Bosnia and Herzegovina, to strengthen mutually beneficial cooperation and build an open world economy.
"Trade protectionism and unilateralism are very much on the rise," Zhang said, stressing the need to respond to "bullying practices of the United States".
unilateralism and trade protectionism," the Chinese said in statement issued on Monday.
Finance ministers and central bank governors said that while trade protectionism poses a threat to the region, the impact would be partly mitigated by robust consumption and growing intra-regional trade.
Kuroda said that trade protectionism around the globe is the biggest threat to global economic growth.
'As supply chains adjust to rising costs in China-and given a mounting need to service Asia's rapidly growing domestic market and an increase in trade protectionism over the past year-we expect Asia, excluding China, to be the key beneficiary.