In U.S.trade law,the ________ allows for the imposition of restrictions on fairly traded imports that cause or threaten harm to domestic industry.

Question

Quizplus · Accepted Answer

The escape clause, also known as the Section 201 provision of the Trade Act, permits the U.S. government to impose restrictions on fairly traded imports that cause or threaten injury to the domestic industry. The restrictions may include tariffs, quotas, or other measures. The escape clause is a temporary safeguard measure that is intended to provide relief to domestic industries that are facing serious injury from imports, and it requires a thorough investigation and consultation process before any measures are imposed.

In UStrade Law,the ________ Allows for the Imposition of Restrictions on on Fairly