GLOSSARY

Anti–Dumping Duty

Anti–Dumping Duty is a tariff imposed to discourage sale of foreign goods, subsidized to sell at low prices detrimental to local manufacturers.

What is Anti–Dumping Duty ?

Anti–Dumping Duty is a tariff imposed to discourage sale of foreign goods, subsidized to sell at low prices detrimental to local manufacturers. Anti-dumping duties are typically levied when a foreign company is selling an item significantly below the price at which it is being produced. While the intention of anti-dumping duties is to save domestic jobs, these tariffs can also lead to higher prices for domestic consumers.

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