Antidumping/Countervailing Duty System

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Antidumping/Countervailing Duty System

In international commerce, a system that places tariffs on imports that are unusually low-priced. Under an antidumping/countervailing duty system, the importing country places an antidumping duty on products sent from countries where the good is much less expensive than domestically produced goods of the same type. The system also imposes a countervailing duty on products subsidized by the government of the exporting country. This system is used in Australia.
References in periodicals archive ?
A Chinese trade official told the WTO's anti-dumping committee that Beijing had deep concerns about the new methodology, saying it would damage the WTO's anti-dumping system and increase uncertainty for exporters, an official who attended the meeting said.
Releasing the report at the International Trade Remedies Forum today in Sydney, Assistant Minister for Industry, Innovation and Science, Craig Laundy said an effective anti-dumping system was essential to allow Australian industries to compete on their merits, and to benefit from their actions to reduce costs and boost productivity and competitiveness.
Background: The United States' Anti-dumping System A.
Nevertheless Mr Mandelson launched a sweeping review in December on how to revise the anti-dumping system to avoid abuses.
Using Australian steel across our naval shipbuilding program; Upgrading 1200 kilometres of rail line between Adelaide and Tarcoola, worth approximately $80 million to Arrium; Strengthening Australias anti-dumping system.
The Governments November 2015 anti-dumping reforms, which address many of the concerns raised by Australian industry, and significantly strengthening Australias anti-dumping system.
The Governments November 2015 anti-dumping reforms, which address many of the concerns raised by Australian industry, have significantly strengthened Australias anti-dumping system. The Anti-Dumping Commissions ongoing analysis of Asian steel and aluminium markets to identify trends in dumping and consider ways to improve the efficiency of investigations and possible additional measures.
The Australian Government is committed to a strong and robust anti-dumping system.
Minister for Industry Ian Macfarlane and Parliamentary Secretary Bob Baldwin announced the reforms which will ensure that Australian manufacturers and producers have access to the assistance and information they need about the anti-dumping system.
a The Anti-Dumping Commission was the primary recommendation of the review into Australiaa s anti-dumping system led by the Hon John Brumby, the former Premier of Victoria,a Mr Clare said.
The strengthening of Australia s anti-dumping system is positive news for Australian farmers, says the National Farmers Federation (NFF).
In response to the Prime Minister s Manufacturing Taskforce Report and Brumby Review into Anti-Dumping the Government has announced measures to bolster Australia s anti-dumping system. These measures will help deliver fair competition on a genuinely level playing field for local manufacturers.