On April 16, 1921... An early morning severe weather outbreak produces 5 tornadoes across Middle Tennessee, primarily along a path from Giles to Cannon County. All are classified as F2. A total of 4 fatalities are reported, with another 41 injuries.
Protective tariff. Protective tariffs are tariffs that are enacted with the aim of protecting a domestic industry.[1] Tariffs are also imposed in order to raise government revenue, or to reduce an undesirable activity (sin tax).
Protectionism refers to government policies that shield domestic production (and producers) from foreign competition. For example, a Canadian tariff of 15% on an automobile that costs $5000 in a foreign country means that a tax (customs duty) of $750 will be levied on the car when it is imported to Canada.rotectionism refers to government policies that shield domestic production (and producers) from foreign competition. For example, a Canadian tariff of 15% on an automobile that costs $5000 in a foreign country means that a tax (customs duty) of $750 will be levied on the car when it is imported to Canada.