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 ?
domestic law, and (C) that the antidumping system is inherently flawed and its complete disbandment is desirable to all other solutions.
9) transformed the original antidumping system into the current model, which imposes an offsetting duty on articles exported to the U.
antidumping act of 1916 may nullify the global antidumping system for lack of consistency with WTO rules.