Antidumping Duty

(redirected from anti-dumping duty)
Also found in: Dictionary, Thesaurus, Acronyms.
Related to anti-dumping duty: countervailing duty

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.
References in periodicals archive ?
In this case "Investigation against Determination and levy of provisional anti-dumping duty on dumped imports of food grade dextrose monohydrate into Pakistan originating in and/or exported from the republic of India in question".
The Commission imposed a definitive anti-dumping duty range from 0-16.
Traders also believe that even a partial reduction of the anti-dumping duty will help improve the situation.
New Delhi is now imposing an anti-dumping duty of 1.
A meeting of EU foreign ministers of the 27-nation bloc approved without discussion on Monday the measure of imposing a definitive anti-dumping duty up to 24% on China's imported steel wire rods.
50 in Class A Interfor shares; and (iv) a Contingent Value Right entitling the holder to receive a pro rata share of the after-tax amount of any countervailing and/or anti-dumping duty deposit refunds received by Riverside on or before December 31, 2007 in respect of duties paid or accrued on or before the closing date of the transaction.
The Indian Finance Ministry has imposed definitive anti-dumping duty on the import of Linear Alkyl Benzene (LAB) from China, Iran and Qatar.
It has recommended an anti-dumping duty in the range of USD 0.
ISLAMABAD -- Prime Minister Mohammad Nawaz Sharif Saturday appreciated the efforts of the Ministry of Commerce and its team for their hard work which led to withdrawal of anti-dumping duty on Pakistan's product of PET, a chemical used in plastic bottle manufacturing.
The Philippine Association of Flour Millers (PAFMIL) was disappointed with the anti-dumping duty although it was thankful that a definitive anti-dumping duty was finally imposed.
This, they said, was due to the apprehension of imposition of anti-dumping duty on import of Polyester Staple Fiber (PSF).
On 6 February, the US signed a memorandum of understanding with the European Commission setting out the next steps it would take in complying with the WTO rulings and committing itself to apply a new method of calculation in its anti-dumping duty rates.