A tariff quota is a trade mechanism that allows a specified import quantity at a reduced duty rate while charging higher tariffs on excess quantities.
Source: https://www.wto.org/english/res_e/reser_e/ersd200606_e.htm
Tools that match this term
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.
Weekly: Top news, industry facts and insights from the world of logistics – free.
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.