A tariff quota is a trade mechanism allowing a specified quantity or value of a product (such as raw steel) to be imported at a reduced duty rate; imports exceeding this threshold are subject to higher tariffs.
Source: https://www.europa.eu/legislation_summaries/international_trade/overview/l21221_en.htm
Matching tools and partners
You might also be interested in these terms
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Verified forwarders, ranked by coverage and profile — premium capped at 10%.
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.