tariff wall
Import duty obstruction
A tariff wall is a system of high import taxes designed to protect domestic industries from foreign competition.
The metaphor suggests a barrier blocking goods from entering: The country erected tariff walls against cheap imports.
Nations may raise or lower tariff walls as trade policy shifts between protectionism and free trade.
- protectionismShielding local producers
- trade warRetaliatory economic hostilities
- importObtain from overseas
- exportForeign-bound sale
- customsTraditional practices or import taxes
customs house · import duty · duty · barrier · quota · trade · embargo · blockade · restriction · smuggling · border · border control · checkpoint · goods · merchandise · sanctions · retaliation · isolationism
- tariffscustoms duty, import duty, import tax, customs duties, import duties
- embargoestrade embargo, oil embargo, arms embargo, economic embargo, trade ban
tariff wallfree trade
Unrestricted international exchange
free market · free trade zone · deregulation · open borders · laissez-faire
tariff wallcommon market
Integrated trading zone
customs union · single market · economic union · trade bloc · economic integration