countervailing duty

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countervailing duty

n
(Economics) an extra import duty imposed by a country on certain imports, esp to prevent dumping or to counteract subsidies in the exporting country
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.countervailing duty - a duty imposed to offset subsidies by foreign governments
tariff, duty - a government tax on imports or exports; "they signed a treaty to lower duties on trade between their countries"
References in periodicals archive ?
Imports from companies that receive unfair subsidies from their governments in the form of grants, loans, equity infusions, tax breaks and production inputs are subject to countervailing duties aimed at directly countering those subsidies.
Interestingly, Pakistan was celebrating the WTO dispute settlement system's landmark verdict in July in which it upheld Islamabad's position and rejected the European Union's decision on countervailing duties imposed on the imports of PET resin from Pakistan.
V of 2015), The Anti-Dumping Duties Bill, 2015 (Ordinance No IV of 2015), The Countervailing Duties Bill 2015 (Ordinance NO.
According to a press release, on a summary, the President accorded his assent to the Countervailing Duties Bill, 2015 under clause (1) of Article 70 read with Article 75 of the Constitution of the Islamic Republic of Pakistan.
antidumping and countervailing duties on sugar imports from Mexico, Economic Secretary Ildefonso Guajardo Villarreal said last week.
As a result, Llosa requested that the Institute of National Defense of Competition and Intellectual Property Protection (INDECOPI) prepare a careful analysis on the possibility of applying countervailing duties on the imports of cotton from the United States.
Since November 2006, the United States has initiated investigations into Chinese subsidies for thirty-one categories of products, including steel, tires, paper, solar panels and wind towers, and imposed countervailing duties to offset most of them.
The US Department of Commerce's International Trade Commission decided against levying any countervailing duties against Omani pipe exporters, on the ground that there was little or no evidence of subsidies enjoyed by these companies.
This volume collects 37 papers from the academic literature on the economics of subsidies and countervailing duties (imposed to offset subsidy advantages), their role in trade agreements, and their treatment in the General Agreement on Tariffs and Trade/World Trade Organization regime.
The European Biodiesel Board (EBB) has expressed its satisfaction with the extension by the EU of restrictions aimed at preventing the circumvention of the anti-dumping and countervailing duties in place against US biodiesel since 2009.
WTO DISPUTE SETTLEMENT PANEL ISSUES MIXED REPORT IN UNITED STATES-CHINA DISPUTE OVER UNITED STATES ANTI-DUMPING AND COUNTERVAILING DUTIES ON CHINESE STEEL PIPES, OFF-ROAD TIRES, RECTANGULAR PIPES AND TUBES AND LAMINATED WOVEN SACKS
poultry imports and has imposed additional countervailing duties on U.