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单词 peril point
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peril point
peril point n. U.S. Economics the lowest level of import duty which may be levied on a particular commodity without adversely affecting domestic production.
ΘΚΠ
society > trade and finance > fees and taxes > impost, due, or tax > duty on goods > [noun] > on imported goods > type of > maximum cut in
peril point1947
1947 N.Y. Times 20 Nov. 3/1 Senator Eugene D. Millikin..suggested that Congress might write into the extension bill a provision preventing the State Department from lowering any tariff below a ‘peril point’ to be set by the Tariff Commission.
1993 Foreign Affairs (Nexis) Sept.–Oct. 187 Congress wrote into law the peril point—which placed on the Tariff Commission the extraordinary task of determining to the percentage point the ‘safe’ level of tariff reductions, product by product.
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