Dictionary

countervailing duty en · NOUN

Meanings

1. A duty levied on an imported article to offset the unfair price advantage it holds due to a subsidy paid to producers or exporters by the government of the exporting country if such imports cause or threaten injury to a domestic industry.
2. A duty or surtax levied on an imported article to offset an excise or inland revenue tax placed upon articles of the same class manufactured domestically.

Forms

Hypernyms

tariff · duty · duty · tariff

Relateds

dumping

Translations (1)

ru компенсацио́нная по́шлина (duty on imported article to offset unfair price advantage)