countervailing duty

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  • noun

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a duty imposed to offset subsidies by foreign governments

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References in periodicals archive ?
Byrd Amendment repeal will save hundreds of millions of dollars and reduce the impact of anti-dumping and countervailing duties on downstream users of essential imported products, such as steel, bearings and various consumer goods.
With new dumping and countervailing duties placed on popular consumer-oriented products such as bedroom furniture and shrimp, Byrd payouts are expected to skyrocket in the coming years.
law, antidumping and countervailing duties may be imposed covering the 90-day period prior to completion of Commerce's preliminary investigation, provided that certain findings are made by Commerce and the U.
The Americans can't compete with the strength of their dollar, the countervailing duties and they don't have the raw materials locally.
The final antidumping and countervailing duties go into effect if the ITC concludes that the U.
Presently Commerce ignores the countervailing duties when it determines the extent of the dumping, and in doing so ignores the true cost exporters face when selling into the United States, and thus the true cost of production.
Antidumping and countervailing duties will, therefore, continue to be applied to imports of such sugar.
A December 9 ruling issued by the WTO Appellate Body stated that the United States breached its international obligations by imposing countervailing duties based on subsidies given to various European steel producers that were later privatized.
That ruling ordered countervailing duties and "anti-dumping" penalties averaging 27 percent on Canadian softwood lumber imports into the U.
Department of Commerce has determined final dumping and countervailing duties on imports of stainless steel bar ranging up to 71% on products from France; 32% on products from Germany; 33% on products from Italy; 13% on products from South Korea; and 126% on products from the United Kingdom.
In addition to the dumping duties, countervailing duties will be assessed in the amount of 13 percent against certain Italian producers.
WASHINGTON -- Imports of carbon steel wire rod from Brazil, Germany, Mexico, Moldova, Turkey and Ukraine may be subject to accelerated application of antidumping and countervailing duties if the Department of Commerce confirms that import surges have occurred to circumvent future duties.
This determination arises out of investigations initiated by USEC in December 2000 when USEC sought countervailing duties at a rate in excess of 20% and anti-dumping duties at rates between 15 and 21%.
trade laws for antidumping and countervailing duties at the World Trade Organization (WTO) Seattle Round in November.
Countervailing Duties for Imports of Low Enriched Uranium from