Selling below home market prices or cost of manufacture with material injury to an U.S. manufacturer is called dumping. Antidumping duties are levied upon further importation of the merchandise.
An additional duty imposed on imported goods to offset the threat or cause of injury to the domestic industry of the importing country when an exporter sells a good at a lower price in the importing market than in the exporting (home) market.
A penalty charge on imports to protect domestic industry against disruptive pricing practices by foreign firms (see dumping). An antidumping duty is supposed to be set equal to the margin of dumping, defined as the difference between fair value and the actual sales price. GATT Article 6 permits members to levy antidumping duties, while the GATT Antidumping Code attempts to standardize and discipline importing governments' activities in this area. See also circumvention and injury test.
a tariff imposed on a country as a penalty for dumping goods.
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.
Duties that are assessed on imported goods, in addition to regular duties, when those goods are found to be sold to the importing country at dumped prices that are injurious to domestic producers. See “Dumping” and “Injury.
A tax that is imposed on imported merchandise sold at prices far below those charged in the exporter's market place. Such imports are considered detrimental to domestic manufacturing and trade.