peril point

American  

noun

1. the lower limit of a tariff on a commodity at which import of that commodity would have a seriously adverse effect on the local producers.

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Etymology

Origin of peril point

First recorded in 1945–50

Example Sentences

See Examples For:

peril point

In the wide agreement announced last week, Kennedy bravely pierced the peril point 61 times, and said he did so to save the negotiations from collapsing entirely.

From Time Magazine Archive

The present state of our defenses is too close to peril point," Nixon charged in a radio speech, "and our future prospects are in some respects downright alarming.

From Time Magazine Archive

Though nobody really knows if credit has reached a peril point, there are some disturbing signals.

From Time Magazine Archive

To Stennis, the report showed the need for "vigorous and prompt corrective action," but he emphasized that "we're not in any peril point."

From Time Magazine Archive

"In some plants we were reaching the peril point."

From Time Magazine Archive