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Protectionist redirects here. For other uses, see Protectionist (disambiguation). In economics, protectionism is the economic policy of restraining trade between states (countries) through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations.
From the passage of the Tariff of 1816 to WWII, protectionism was the policy of the United States, switching to free trade only in 1945, when most of its industrial competitors had been wiped out by the war.In the late 19th Century, Germany, too, used protectionist measures to grow its industry.hey believe that without this protection, infant industries will die before they reach a size and age where economies of scale, industrial infrastructure, and skill in manufacturing have progressed sufficiently to allow the industry to compete in the global market.