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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 Central Government has imposed anti-dumping duties ranging from 24.66% to 147.20% of the CIF value on industrial laser machines imported from China. The duty applies to imports from China, regardless of the country of export. The anti-dumping duty will be in effect for 5 years from the date of notification, unless revoked or amended earlier.
Zeroing refers to a controversial methodology used by the United States for calculating antidumping duties against foreign products. The foreign domestic price (FDP) of the product is compared with its U.S. import price (USIP) adjusted for transportation and handling costs.
Samsung and LG are in the dirty-laundry doghouse. Whirlpool announced today (link opens in PDF) that the U.S. International Trade Commission unanimously ruled that Samsung and LG practiced ...
Anti-dumping legislation: "Dumping" is the practice of firms selling to export markets at lower prices than are charged in domestic markets. Supporters of anti-dumping laws argue that they prevent the import of cheaper foreign goods that would cause local firms to close down.
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.
Trade barriers such as tariffs on food imports or subsidies for farmers in developed economies lead to overproduction and dumping on world markets, thus lowering world prices to the disadvantage of farmers in developing economies who typically do not benefit from such subsidies.
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]