Antidumping Duty

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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 ?
'These three examples clearly show that the importers did not pay a single penny in terms of anti-dumping duty on the imported tiles worth Rs22 million, which would have been more than Rs2 million in just these three cases,' he said.
Chairman PSABF was fairly optimistic that the South African government would review the anti-dumping duty on cement imports and the situation was likely to improve by 2020, the efforts were made by private sectors and Pakistan government.
The Nation quoted industry sources, as saying that in February 2017, the NTC had imposed an anti-dumping duty on import of galvanized steel coils and sheets from China.
In terms of Section 58(3) of the Ordinance, a definitive anti-dumping duty shall not expire if the Commission determines in a review that the expiry of such anti-dumping duty would be likely to lead to continuation or recurrence of dumping and injury.
ISLAMABAD -- The Ministry of Commerce has decided to challenge South African decision to impose preliminary anti-dumping duty (PD) on the import of Pakistani cement in the World Trade Organization.
M2 EQUITYBITES-December 19, 2014-BYGGmax announces removal of Administrative Court of Swedish Customs' decision regarding anti-dumping duty
Agriculture Secretary Proceso Alcala yesterday approved the anti-dumping duty imposed by the Tariff Commission against Turkish flour imports.
The Designated Authority has further stated in its Final findings that having established positive dumping margin as well as material injury to the domestic industry caused by such dumped imports, imposition of definitive anti-dumping duty is required to offset dumping and injury.
China began investigating the import of stainless steel seamless tubes shortly after the EU imposed a provisional anti-dumping duty on its imports of certain seamless pipes and stainless steel tubes from China in 2011, the European Commission wrote.
The EU Council adopted, on 19 February, a regulation re-imposing a definitive anti-dumping duty on imports of mandarins (including tangerines and satsumas), wilkings and other similar citrus hybrids not containing added spirit, whether or not containing added sugar or other sweetening matter, originating in China.
RIYADH: India has lifted the 6.5 percent anti-dumping duty imposed on polypropylene imported from Saudi suppliers, including Saudi Basic Industries Corp.
China welcomed as a vindication the panel's rebuke of the way Europe effectively applies a single anti-dumping duty to a country rather than to individual firms if it doesn't consider that country to be a market economy - unless the firms can prove that they are independent of the state.