Economic Justification for Trade Tariffs

In the context of international trade, numerous countries impose trade restrictions as part of their economic policies. These restrictions can take the form of tariffs, quotas, or subsidies, aiming to protect domestic industries from foreign competition. Consider the following scenario: Country X imposes a high tariff on imported steel to protect its domestic steel industry from lower-priced steel imports from Country Y.

Given this context, which of the following statements best explains the underlying economic justification for Country X's imposition of this tariff?