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So the Section 421 surge tariffs cannot be explained as an isolated concession to a powerful lobby they are the beginning of Washington's recognition that the period of ever-expanding global commerce has passed.
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Many of the country's 100-plus automobile assembly plants face extinction if imports surge as tariffs fall, and chemical plants could be crippled by foreign competition.
Germany is also struggling to control a surge in the electricity tariffs attributed to the high cost of subsidized green energy.
The privatisation of British Gas brought choice and competition into the market, driving down prices for a while, but tariffs have surged in tandem with a rising oil price.
Sudhir is now chairman emeritus of Torrent Pharma but continues to be chairman of the power unit, whose shares have also surged due to rising tariffs.
Mr. Jihad added that the surge in car imports since tariffs were lifted after the American-led invasion -- 250,000 have flooded the country -- has also raised demand for gas.
Power tariffs, Barker says, surged from 20c/kWh to 70c/kWh a few years ago, with no consultation.
In the State of the Union address this year, President Obama said he had saved more than 1,000 jobs in the tire industry by imposing tariffs to stop a surge of imports from China.
Furthermore, the Socialists want the European Union to insert tougher "fair trade" safeguard clauses in agreements with third countries, enabling the Union to reimpose tariffs to halt any import surge threatening European industry.
The tariff has led to a surge in home solar installations.
They were concerned about a possible surge in imports (yet to materialise) due to tariff reductions resulting from China's accession to the World Trade Organisation in 2001.
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