tariffism

/tærɪˈfɪzəm/

Definitions

1. noun

The practice or policy of protecting domestic industries through tariffs or other trade barriers, often for political or economic gain.

“The government’s tariffism policies led to widespread criticism from international trade partners.”

Synonyms

  • mercantilism
  • protectionism

Antonyms

  • free trade
  • globalization