### Question
Can you define what trigger price means?


### Answer
**Trigger price** is defined as the following in *19 U.S.C. § 3358*:

> the average daily closing price of the New York Cotton Exchange, or any successor as determined by the Secretary, for the corresponding month during the previous 5-year period, excluding the year with the highest average price for the corresponding month and the year with the lowest average price for the corresponding month

#### Citation:
  - *19 U.S.C. § 3358*
  - Heading: **CHAPTER 21-NORTH AMERICAN FREE TRADE > SUBCHAPTER III-APPLICATION OF AGREEMENT TO SECTORS AND SERVICES > Part A-Safeguards > subpart 1-relief from imports benefiting from agreement**

