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countervailing duty

   Also found in: Acronyms, 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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7% countervailing duty on Canadian lumber imports and anti-dumping duties averaging about 2.
Trade Representative Rob Portman, whose press secretary told Canadian media the ruling is disappointing, but "will have no impact on the anti-dumping and countervailing duty orders.
The industry's Section 332 Fact-Finding Study is about to unveil its findings, countervailing duty laws have been introduced in both the House and Senate and an Association Health Plan initiative is gaining support throughout Congress.
 
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