countervailing duties

countervailing duties definition - business

countervailing duties

Duties imposed by a country on imported goods that are subsidized by the government of the exporting country. Countervailing duties are designed to keep imported goods from being sold at less than fair market value and damaging domestic producers.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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