Anti-Dumping Duty
/ˌæntiˈdʌmpɪŋ ˈdjuːti/
Definitions
- (n.) A tariff imposed on imported goods sold below fair market value to protect domestic industries from unfair competition.
The government imposed an anti-dumping duty to shield local manufacturers from foreign goods sold at unfairly low prices.
Forms
- anti-dumping duty
- anti-dumping duties
Related terms
See also
Commentary
Anti-dumping duties are a key trade remedy mechanism designed to counteract dumping, requiring careful evidentiary support regarding price injury and fair value assessments.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.