Definition of Protectionism

the idea of helping the companies within the country by taxing foreign imports

Examples of Protectionism in a sentence

Since many U.S. companies are having their products made overseas, protectionism forces these companies to pay more for those products coming back into the U.S. 🔊

Due to protectionism, Kitchen Aid mixers are still made in the United States so that they don’t have to pay an import tax. 🔊

Even though protectionism causes the Ford Motor Company to pay extra, they will still pay the extra money for their products to come back into this country. 🔊

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