What is a nontariff barrier (NTB)?
• A nontariff barrier is any policy that is a barrier to trade other than a tariff. These policies can include bureaucratic regulations, procedures, or standards that deliberately disadvantage foreign producers. However, such policies when properly directed at protecting consumers’ health and safety are not considered to be NTBs.
A nontariff barrier is any policy that is a barrier to trade other than a tariff. These policies can include bureaucratic regulations, procedures, or standards that deliberately disadvantage foreign producers. However, such policies when properly directed at protecting consumers’ health and safety are not considered to be NTBs.
