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 ?
Now the quota deal is over, all the Canadian provinces are under the same countervailing duty, but there is all this capacity out there," says Lopez.
In order for a refund to be allowed, the MEPs suggest that an airline should apply to the European Commission within three months after the date the countervailing duty was set.
Pfister said the legislation would violate World Trade Organization rules because currency exchange practices are not included under the list of government financial contributions the WTO allows to be considered in countervailing duty cases.
Department of Commerce (Commerce) announced the affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of aluminum foil from the Peoples Republic of China (China).
The National Chicken Council says trade lawyers have estimated that China could make final determinations for both the anti-dumping and countervailing duty cases before the end of the year.
The second legislation focuses on applying countervailing duty laws to non-market economies (NMEs).
imposed a countervailing duty and an antidumping duty on the softwood lumber industry last year after the five-year agreement on softwood trade between the U.
Department of Commerce today published antidumping duty orders on imports of plastic grocery and shopping bags (referred to as polyethylene retail carrier bags) from Indonesia, Taiwan, and Vietnam and a countervailing duty (anti-subsidy) order on plastic bags from Vietnam.
In its request, Korea challenges the provisions of US laws and regulations allowing the US Department of Commerce (USDOC) to use facts available in anti-dumping and countervailing investigations; the USDOC's practice of using adverse facts with regard to producers or exporters deemed to have failed to cooperate in the investigation; and six anti-dumping and countervailing duty determinations on certain products from Korea in which the USDOC relied on adverse facts available.
In addition, the bill restructures ITA's Import Administration to create senior level positions to oversee antidumping investigations, countervailing duty investigations, and policy and negotiations.