Diplomacy & Politics Glossary

An anti-dumping duty is a tariff imposed on imports priced below fair market value to protect domestic industries from unfair competition.

Additional tariffs imposed to offset subsidies provided by foreign governments to their exporters, aiming to level the playing field.

A tariff imposed to offset subsidies provided by foreign governments to their exporters.

Trade policy actions, such as tariffs, imposed to offset subsidies provided by foreign governments to their exporters.

Measures the percentage increase in value added per unit of output due to tariffs on inputs and final goods, showing the true level of protection domestic industries receive.

The tariff rate that actually affects the cost of imported goods after considering the entire production process and inputs. It measures the real protection given to domestic industries by tariffs.

A tax imposed by a government on goods brought into the country to protect domestic industries and generate revenue.

A treaty between countries that reduces tariffs for certain products to promote trade among the signatories.

A temporary tariff imposed to protect domestic industries from a sudden surge in imports causing or threatening serious injury.