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).
What is 'Protectionism'. Protectionism refers to government actions and policies that restrict or restrain international trade, often done with the intent of protecting local businesses and jobs from foreign competition. Typical methods of protectionism are tariffs and quotas on imports and subsidies or tax cuts granted to local businesses.