antidumping duty
economics
Quick Summary
An antidumping duty is a tariff imposed to counteract the sale of imported goods at prices significantly lower than domestic prices. This practice, known as dumping, can harm domestic industries by creating unfair competition. Antidumping laws are designed to discourage such imports. While sometimes grouped with countervailing duties, which address subsidies or other government support for foreign producers, antidumping duties specifically target predatory pricing by foreign sellers.12
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