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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.
Polangui, Albay, Philippines [2] Nationality ... he led the enactment three key trade measures, namely Republic Act No. 8751 or the Countervailing Duty Act, Republic ...
Edmund Walter Sim (born 1966) is an international trade attorney and regular editorial contributor to the Singapore Straits Times and OpinionAsia [1] on trade and diplomacy in ASEAN., [2] as well as editing the ASEAN Economic Community blog [3] A partner at Appleton Luff, he has participated in over 180 trade remedy (antidumping, countervailing duty, and safeguard) proceedings in both ...
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.
Main Chinese BEV producer BYD was struck with a 17.4% tariff, with Geely slapped with a 20% duty. The E.U. has also imposed its 38.1% tariff on autos firm SAIC. All three producers were sampled in ...
The duty was imposed by the Revenue department following the recommendation by the Directorate General of Anti-Dumping and Allied Duties (DGAD). The levied duty will range between 4.58 per cent and 57.39 per cent of the landed value of cold-rolled flat products of stainless steel. The anti-dumping duty will be in effect until 10 December 2020.
SHANGHAI/BRUSSELS (Reuters) -European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a probe into whether to impose punitive tariffs to protect European ...
BRUSSELS (Reuters) -The European Commission said on Friday it had received enough support from EU members to impose tariffs of up to 45% on Chinese electric vehicle imports in the bloc's highest ...