Import Surge

Import Surge and the GATT Policy Negotiations

In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Import Surge: A substantial and usually unforeseen increase in imports above recent trends for a particular product or class of goods, presenting serious adjustment costs (Sec . II) for domestic workers and firms producing such goods. When an import surge is due to economic or commercial factors other than unfair trade practices, governments may resort to safeguards to provide temporary import relief to the domestic industry.