A tariff quota sets the maximum quantity of a product that can be imported at a preferential (reduced) customs duty rate; any volume beyond this threshold faces a higher duty.
Source: https://www.wto.org/english/docs_e/legal_e/gatt47_02_e.htm
Matching tools and partners
You might also be interested in these terms
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.