Video encyclopedia

Section 201


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Section 201, as referred to in shorthand, is a section of the Trade Act of 1974 that permits the President to grant temporary import relief, by raising import duties or imposing nontariff barriers on goods entering the United States that injure or threaten to injure domestic industries producing like goods. The provision is the analog of Article XIX of the GATT, which allows GATT contracting parties to provide relief from injurious competition if temporary protection will enable the domestic industry to make adjustments to meet the competition.
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