Trade words

Section 301

A US trade law that lets the US add extra duties on a country's goods when it finds that country's trade practices unfair. It is best known for extra duties on many Chinese goods.

Lessons that use this word

  1. Lesson 284 min readDuty in export marketsWhy the duty your buyer pays matters to you, how MFN and preferential rates differ, and what GSP, DCTS and extra duties like Section 301 change.
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Trade Academy is education, not legal, tax or customs advice. Rules and rates change by notification: check the live source, or ask a licensed customs broker, before you act.