trade barriers
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Trade barriers are usually protectionist; that is, they are erected to protect domestic producers who would not be able to compete successfully with foreign producers in a free market or in free trade.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
One implication of these trade barriers, which include tariffs, is that they distort pricing mechanisms in the market.
Second, trade barriers push up commodity prices, not only by creating inefficiencies but also by stoking investor appetite.
Under the deal, Indonesia will cut trade barriers on more than 99% of American imports - including agriculture, healthcare, seafood, technology and car-related goods - the White House said on Thursday.
From BBC
The head of the World Trade Organization on Friday urged China to change its growth model, arguing that its soaring trade surplus was ultimately unsustainable and risked sparking new trade barriers.
From Barron's
India has long maintained protectionist tariffs and “is really dropping some trade barriers,” said Jacob Kirkegaard, an economist with the Peterson Institute for International Economics.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
