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The act is American legislation closely associated with its chief sponsor, Democratic Senator Robert Byrd of West Virginia. The act changed the disposition of funds raised from duties on imports that the US government has determined to be subsidized or otherwise unfairly priced. Prior to the act, those funds were incorporated into the US budget.
The current set of anti-dumping laws in India is defined by Section 9A and 9B of Customs and Tariffs Act, 1975 (Amended 1995) and The Anti-dumping rules such as (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules of 1995, Section 9A of customs and tariffs Act 1975 [24] states ...
The jurisdiction of the Subcommittee on Trade shall include bills and matters referred to the Committee on Ways and Means that relate to customs and customs administration including tariff and import fee structure, classification, valuation of and special rules applying to imports, and special tariff provisions and procedures which relate to ...
This category contains major anti-dumping authorities in the world whether or not they are separate agencies or units within agencies. The importance of the authorities is judged either by the specificity of their mandate (and/)or the average number of anti-dumping and Countervailing duties decisions per year as provided by the World Trade Organization [1], [2].
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Europe’s decision to go with an anti-subsidy, rather than an anti-dumping, probe, means the regional bloc can go with a less harsh penalty, such as a 10% to 20% tariff, Chimits suggests.
Import quotas; local content requirements; public procurement practices; anti-dumping laws; Challenges levied at World Trade Organization, Free-trade area dispute resolution, and other trade forums Assistance policies To help domestic firms and enterprises, but not at the expense of other countries. Domestic subsidies; industry bailouts.
The Kennedy Round officially opened on May 4, 1964, at the Palais des Nations.It was the last GATT round to have tariff reduction as its primary focus. [8] However, it was the first GATT round to deal with non-tariff issues, such as dumping, a practice whereby a company exports a product at a price lower than the price it charges in its home market. [9]