trigger price


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Trigger Price

A price at which an import causes the importing country automatically to impose a tariff or quota. For example, a country may have a law stating that if an import falls below $10 per unit, a tariff is imposed that results in the import becoming $13 per unit. Trigger prices are used when the importing country generally wishes to promote free trade but does not want importers to undercut domestic industry.

trigger price

The specific price of an imported item below which a quota or tariff will be put into effect. A trigger price is imposed to keep foreign competitors from undercutting prices charged by domestic companies in the domestic firm's home market.
References in periodicals archive ?
One is when the stock is expected to fall below the trigger price (it is sold).
a high-brightness LED wafer and chip maker affiliated with Taiwan's Formosa Plastics Group, is about to fully automate its production lines of LED bulbs sold under its NYPI brand in late December, which is expected to trigger price cuts in the competition on the island.
The trigger price for a slow down may be around $90 a barrel for oil, says Kabasawa, though in Saudi this may be as low as $75-80, in Bahrain $80.
Sure, the change in trigger price may reflect no more than the cost inflation that has been running rampant in all the industrial metals.
Having found out that the only feasible alternative to plastic, which is the translucent paper, can not be produced locally due to unavailability of raw materials and since we will not want to take any step that will trigger price increase in the affected sector by allowing import of the paper, the committee has decided to permit concerned outlets to continue using plastic, but only the approved food graded one," SCH Public Health Department director Dr Mohamed al-Thani said during a press conference.
This means that the trigger price in turn needs to be
8% value share of the chilled yoghurts and desserts category [Nielsen 52w/e 19 February 2011], Activia could potentially trigger price rises on similar rival brands and own label products.
For example, once an NYSE-listed stock has a trade at or below 90 percent of the previous day's closing price, the NYSE must generate a message to the Consolidated Quotation System and the Consolidated Tape System indicating that the short sale trigger price has been reached.
Saudi Arabia's cushion of spare oil capacity is thinning far faster than widely believed, threatening to trigger price spikes in the months ahead, energy industry experts warned at the Reuters Global Energy and Climate Summit.
The perception of tight fundamentals has helped trigger price gains on relatively small output interruptions, which have been compounded by the erosion of spare capacity from top exporter Saudi Arabia, analysts said.
LabCorp also said certain of its convertible notes cannot be converted to stock in January through March because the common shares did not reach a trigger price.
The PA enters at less favorable conditions than the F because the trigger price increases in peculiar fashions for the two enterprises as uncertainty unfolds.