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

Thesaurus

Noun

countervailing duty - a duty imposed to offset subsidies by foreign governmentstariff, duty - a government tax on imports or exports; "they signed a treaty to lower duties on trade between their countries"

Translations

компенсационная пошлина

countervailing duty

Antidumping Duty

In international commerce, a tariff placed on an import that is unusually low-priced. Dumping is the act of exporting a good to a foreign country to capitalize on the price difference. Dumping can result in a handsome profit for the exporter, but it can also damage the importing country's local economy. Thus, many countries attempt to counteract the practice by implementing anti-dumping duties.