Also known as: Safeguard, Trade safeguard, Emergency import restriction
A temporary trade protection measure that allows a country to restrict imports of a product when a sudden increase causes serious injury to domestic industry.
A safeguard measure is a trade defense tool that allows a country to temporarily increase tariffs or impose quotas on imports of a product when an unforeseen surge causes or threatens serious injury to domestic production. It is regulated by the WTO Agreement on Safeguards.
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Learn more→Countervailing Duty
An additional duty levied on imported goods that are subject to dumping or foreign government subsidies, designed to protect domestic industry from unfair trade practices.
TradeDumping
An unfair trade practice of exporting goods at a price lower than their normal value in the domestic market of the country of origin, causing or threatening to cause injury to the domestic industry of the importing country.
TradeNon-Tariff Barriers
Restrictions on international trade other than tariffs, including quotas, permits, technical standards, sanitary requirements, and other obstacles that hinder or increase the cost of importing goods.
TariffsTariff-Rate Quota (TRQ)
A quota or determined volume of goods that can be imported at a reduced preferential tariff; once the quota is exhausted, additional imports pay the higher general tariff.