The Bill seeks to reform and repeal the Countervailing Duties
Ordinance, 2001 (I of 2001).
The imposition of countervailing duties
to offset the effect of foreign subsidies was first authorized in the United States in 1890 for one specific product--beet sugar, (22) and was soon made generally available, under the Tariff Act of 1897, for all products that benefited from foreign subsidies aimed at encouraging exports.
Additionally, the Council has decided to retroactively extend, to 13 August 2010, the definitive anti-dumping and countervailing duties
to all imports of US biodiesel blends below the 20% threshold.
right to impose anti-dumping duties (response to unfair prices) and countervailing duties
(response to government subsidies).
law permits countervailing duties
to be imposed only if a foreign supplier is benefiting from subsidies and U.S.
Mexico imposed countervailing duties
of 3.93% and 10.18% in June 2002, claiming that the US was selling long-grain rice in Mexico at a cheaper price than on its own domestic market.
companies to receive anti-dumping and countervailing duties
collected from foreign competitors, was found to be illegal under the WTO.
on Canadian lumber imports represents another important legal win for housing affordability and consumers, the NAHB says.
has or recalculated countervailing duties
will be legal under NAFFA.
antidumping and countervailing duties
and the subsequent high cost of exporting lumber to the United States.
* Countervailing duties
. Countervailing duties
counteract subsidies by national authorities that unfairly enable their companies to export at a lower price.
This should bring Jamaica into compliance with its Uruguay Round commitments on anti-dumping and subsidies and countervailing duties
. Before an action may be taken against dumped or unfairly subsidized goods, the affected Jamaican industry must provide information and supporting evidence that demonstrate not only that dumping or WTO- inconsistent subsidization has occurred, but also that "material injury" resulted.