Section 201

Section 201, as referred to in shorthand, is a section of the Trade Act of 1974 (P.L. 93-618) 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. This provision is the analog of GATT Article XIX, which allows GATT contracting parties to provide relief from injurious competition when temporary protection will enable the domestic industry to make adjustments to meet the competition.

References

•  This article incorporates public domain material from the Congressional Research Service document "Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition" by Jasper Womach.