Safeguard Measures

Summary of Safeguard Measures

Actions taken by a nation to protect its domestic industry and commerce from what it views as unfair or improper practices by a trading partner. For example, a trading partner’s use of improper subsidies designed to artificially stimulate exports might result in such safeguard measures as the imposition of Countervailing Duties (read this legal term for further details), a Quota (read this and related legal terms for further details), or other trade restrictions. Safeguard measures are customarily imposed under the Escape Clause (read this and related legal terms for further details) of most trade agreements.

(Main Author: William J. Miller)