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Countervailing duties (CVDs), also known as anti-subsidy duties, are trade import duties imposed under World Trade Organization (WTO). [1] They are applied following an investigation that determines a foreign country's subsidies on exports have harmed domestic producers in the importing country.
The difference is that countervailing duties seek to offset injurious subsidization while anti-dumping duties offset injurious dumping. Some commentators have noted that domestic protectionism, and lack of knowledge regarding foreign cost of production, lead to the unpredictable institutional process surrounding investigation.
The first category includes methods to directly import restrictions for protection of certain sectors of national industries: licensing and allocation of import quotas, antidumping and countervailing duties, import deposits, so-called voluntary export restraints, countervailing duties, the system of minimum import prices, etc.
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.
Countervailing duties; Anti-dumping duties ... barriers such as tariffs on food imports or subsidies for farmers in developed economies lead to overproduction and ...
The trade dispute involves a Chinese complaint over Australia's anti-dumping and anti-subsidy measures on products including railway wheels, wind towers and stainless steel sinks.
This new determination allowed the countervailing and anti-dumping duty tariffs to remain in place. Between June 7, 2004, and October 5, 2005, DoC submitted five revised estimates of justifiable duties to the NAFTA panel, each successively lower than the last, the last being 1.21%, but each time the NAFTA panel found errors with each one and ...
Consultations between South Korea and the United States were requested concerning the anti-dumping and countervailing issues on August 29, 2013. LG and Samsung objected to the analysis, Whirlpool's dumping allegations in the preliminary determination of the case, the Nails test, and also the use of weighting-average net prices in conducting the ...