high tariff
- import dutyTax on incoming goods
- protectionismShielding local producers
- trade barrierRestriction on imports
- customsTraditional practices or import taxes
- quotaFixed assigned amount
levy · steep · expensive · tax · embargo · trade war · smuggling · border · export · goods · duties · prohibitive · commerce · merchant · foreign · domestic · industry · fee
trade policy philosophy
high tarifffree trade
Unrestricted international exchange
open trade · free market · open borders · free trade agreement · customs union