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countervailing duty
(redirected from Countervailing duties)

   Also found in: Financial, Wikipedia 0.02 sec.
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
ThesaurusLegend:  Synonyms Related Words Antonyms
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"


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The Currency Reform for Fair Trade Act, backed by Republicans and Democrats as well as business groups and major labour unions, aims to use US anti-dumping and countervailing duties to strike back at prolonged manipulation.
based National Biodiesel Board has a low opinion of the new countervailing duties that Europe has imposed to offset the federal subsidies provided to the industry.
However, this is the first time anti-subsidies, or countervailing duties (CVDs), will be imposed on imports from a non-market economy, altering a 23-year-old policy and opening the door to the possibility of CVD use on other foreign imports, such as metal castings.
 
 
 
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