Antidumping Duty
/ˌæn.tiˈdʌm.pɪŋ ˈdjuː.ti/
Definitions
- (n.) A tariff imposed on imports priced below fair market value to protect domestic industries from unfair competition.
The government imposed an antidumping duty to counter the below-cost imports harming local manufacturers.
Forms
- antidumping duty
- antidumping duties
Related terms
See also
Commentary
Antidumping duties are a key trade remedy tool grounded in international trade law, designed to level the playing field for domestic producers against unfairly priced foreign imports.
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.