Girish Mahajan (Editor)

Import sensitive product

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An import sensitive product is a product that is particularly susceptible to competition from imports from other country suppliers. Import sensitive products generally receive longer phase-in periods for tariff reduction or elimination in trade agreements. There is no definitive list of import sensitive agricultural products in the United States, but such products as sugar, dairy, beef, citrus, winter fruits, and vegetables, among others have been identified as import sensitive. In some cases, import sensitive products have been excluded altogether from negotiated trade agreements as was sugar in the U.S.-Australia Free Trade Agreement.

References

Import sensitive product Wikipedia