antidumping duty

Englisch - Englisch

Definition von antidumping duty im Englisch Englisch wörterbuch: A duty assessed on imported merchandise which is subject to an antidumping duty order The antidumping duty is assessed on an entry-by-entry basis in an amount equal to the difference between the United States price of that entry and the foreign market value of such or similar merchandise at the time the merchandise was sold to the United States See: Tariff act of 1930; A duty or levy imposed under authority of Title VII of the U S Tariff Act of 1930 Title VII states that if the U S Department of Commerce determines that an imported product is being sold at less than its fair value, and if the U S International Trade Commission determines that a U S producer is thereby being injured, the Commerce Department shall apply antidumping duties equivalent to the dumping margin; An additional duty imposed by the United States against specific products from certain countries in order to "offset" the unfair pricing of the imported product These duties, at least in theory, are not punitive in nature, these duties are imposed at the end of an antidumping duty investigation An Antidumping investigation is a complex investigation conducted by two U S agencies, the International Trade Administration and the International Trade Commission; Tax on imported goods designed to protect domestic firms from sales of imported goods at less than their cost of production or at prices less than they sell for in their home markets; A duty which is assessed when merchandise is sold in the home nation at less than fair market value, resulting in material injury to a local industry Fair market value is the price at which merchandise is sold in the manufacturer's home market; a tariff imposed on a country as a penalty for dumping goods (chapter 21)