Trigger Price Mechanism in the United States

Trigger Price Mechanism (tpm) in the International Business Landscape

Definition of Trigger Price Mechanism (tpm) in the context of U.S. international business and public trade policy: A system, developed and enforced during the Carter administration, of restraining steel imports by monitoring them for possible dumping. Under the TPM, an antidumping investigation was to be “triggered” if the price of an imported steel product was below the production costs of the world’s most efficient producer of that product.