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Antidumping Duty
(redirected from Countervailing duties)

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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.
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The Currency Reform for Fair Trade Act, backed by Republicans and Democrats as well as business groups and major labour unions, aims to use US anti-dumping and countervailing duties to strike back at prolonged manipulation.
China warns US law proposal could cause protectionism by AFP / AFP Asian Edition
based National Biodiesel Board has a low opinion of the new countervailing duties that Europe has imposed to offset the federal subsidies provided to the industry.
NBB critical of EU duties on subsidized U.S. biodiesel imports by The Food & Fiber Letter
However, this is the first time anti-subsidies, or countervailing duties (CVDs), will be imposed on imports from a non-market economy, altering a 23-year-old policy and opening the door to the possibility of CVD use on other foreign imports, such as metal castings.
Countervailing duties applied to illegally subsidized Chinese paper ... by Modern Casting
 
 
 
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