Section 201 safeguards
Also called: Section 201 · global safeguard
US safeguard measures under Section 201 of the Trade Act of 1974, imposed by the President after the US International Trade Commission finds that increased imports are a substantial cause of serious injury to a domestic industry. Measures can take the form of extra duties or tariff-rate quotas and are temporary.
In practice
Section 201 duties apply regardless of whether the goods are dumped or subsidised, and they are declared through Chapter 99 numbers.
Applies to: 
USA
Related terms
- Safeguard measure
- A temporary restriction, such as extra duty or a tariff quota, applied to imports of a product from all sources when a sudden increase seriously…
- Chapter 99 (HTSUS)
- A chapter of the US tariff schedule that holds temporary legislation and temporary modifications, such as Section 301, Section 232 and other…
- Section 232 duties
- Additional US duties imposed under Section 232 of the Trade Expansion Act of 1962 on imports found to threaten national security, notably steel,…
- Section 301 duties
- Additional US duties imposed under Section 301 of the Trade Act of 1974 in response to trade practices of a foreign country judged unreasonable or…