Safeguard measures

Safeguard measures are actions taken by a country to temporarily restrict or regulate imports of specific products to protect domestic industries from sudden, serious damage caused by increased foreign competition. These measures often involve tariffs (taxes) or quotas (limits) to give local businesses time to adjust, invest, or improve. They are meant as a temporary solution to stabilize industries and jobs while adapting to changing market conditions, ensuring that domestic markets are not overwhelmed by imports and that economic stability is maintained.