Antidumping Duty

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Antidumping Duty

In international commerce, a tariff placed on an import that is unusually low-priced. Dumping is the act of exporting a good to a foreign country to capitalize on the price difference. Dumping can result in a handsome profit for the exporter, but it can also damage the importing country's local economy. Thus, many countries attempt to counteract the practice by implementing anti-dumping duties.
References in periodicals archive ?
The petition seeks the imposition of antidumping duties to level the playing field.
The antidumping duties, which are primarily used against imports from countries such as China and developing countries, stem from a complaint filed to the Commission by the European ethanol producer trade association known as ePure.
WASHINGTON--Hardwood plywood imported from China came a step closer to facing antidumping duties following a unanimous vote by the U.
In 2005, the Commerce Department slapped antidumping duties on imports from a number of countries.
THE EUROPEAN Union (EU) Council of Ministers has slashed antidumping duties on three Chinese suppliers to the EU market of plastic bags and sacks.
If Commerce grants China market economy status, both CVDs and antidumping duties could be applied simultaneously, but required methodological changes could well reduce antidumping duties.
As a result, antidumping duties which have been imposed on the Canadian trade since last October will be lifted.
Department of Commerce recently announced antidumping duties on imports of Carbazole Violet Pigment 23 from China and India as well as countervailing duties against India.
Market economy status is important to China because exports from non-market economies (NMEs) are frequently slapped with higher antidumping duties than those from market economies.
China on Tuesday imposed provisional antidumping duties on two chemical materials imported from Japan, South Korea, India and European countries for the production of nylon fabric.
Tembec, Temiscaming, Quebec, Canada, said it will shut down its Kirkland Lake, Ontario, sawmill indefinitely as a result of weakness in the softwood lumber market and punitive countervailing and antidumping duties imposed by the United States.
As a result of the August 2000 ITC ruling, Japanese tin makers have been facing antidumping duties.