How can a government protect its domestic industries from foreign competition under the WTO?
he only instrument allowed under the WTO for a government to protect its domestic industry from foreign competition is the customs tariff. Other protective measures are permitted only in very specific situations and under strictly defined circumstances: emergency action on imports of particular products under the safeguards clause; the imposition of anti-dumping duties against dumped imports; the imposition of countervailing duties against imports which have been subsidized by the government of the exporting country.
