Former U.S.President Bill Clinton attempted to protect American firms from foreign competition by placing a government tax on Japanese automobiles imported to the United States.President Clinton's goal was to raise the price on Japanese imports,thereby encouraging American consumers to purchase American-made automobiles.The tax the President threatened to impose is an example of a:

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The tax imposed by President Clinton on Japanese automobiles is an example of a tariff, which is a tax placed on goods imported from a foreign country in order to protect domestic industries from foreign competition.

Former USPresident Bill Clinton Attempted to Protect American Firms from Foreign