local-content

[loh-kuhl-kon-tent]

adjective

1. of or relating to the number or percentage of the components of a product, as an automobile, that are manufactured in a specific country.

   Local-content laws say 90 percent of the components of the car must be made in the U.S. or import restrictions will apply.

Example Sentences

The European Union plans to postpone strict local-content rules that would have led to costly tariffs imposed on cars traded between the bloc and Britain beginning Jan. 1.

Read more on New York Times

It is past time to secure our supply chains by adopting strong local-content requirements for all industries essential to our crisis response, to be phased in when the current emergency ends.

Read more on Washington Post

The president has also shown his intent to bolster American manufacturers through measures such as capping car imports and tightening local-content requirements.

Read more on The Wall Street Journal

Henceforth, cars made in North America must comply with complex local-content rules.

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Local-content thresholds needed to qualify for preferential access vary depending on the product.

Read more on The Wall Street Journal