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Antidumping Duty
(redirected from countervailing 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.
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Washington has decided to "initiate antidumping and countervailing duty investigations on imports" of Chinese "seamlessEoe1/4A[yen] pipes used to convey water, steam, chemicals, oil products and natural gas, the Commerce Department said.
US mulls import penalties on Chinese steel pipes by Times of Oman (Muscat, Oman)
Washington has decided to "initiate antidumping and countervailing duty investigations on imports" of Chinese "seamless" pipes used to convey water, steam, chemicals, oil products and natural gas, the Commerce Department said in a statement.
US mulls import penalties on Chinese steel pipes by AFP / AFP American Edition
Washington has decided to "initiate antidumping and countervailing duty investigations on imports" of Chinese "seamless" pipes used to convey water, steam, chemicals, oil products and natural gas, the Commerce Department said in a statement.
US mulls import penalties on Chinese steel pipes by AFP / AFP Asian Edition
 
 
 
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