countervailing duty in English
noun
1
an import tax imposed on certain goods in order to prevent dumping or counter export subsidies.
It is complying with WTO rules on anti-dumping, subsidy and countervailing duties , and safeguard measures.
Use "countervailing duty" in a sentence
Below are sample sentences containing the word "countervailing duty" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "countervailing duty", or refer to the context using the word "countervailing duty" in the English Dictionary.
1. Countervailing duty law requires a subsidy to cause injury, but on the other hand, it does not require a demonstration of the effects of a subsidy and Countervails a subsidy regardless of its behavioral impact
2. However , Indian coal was vulnerable in western India , and a combination of railway rebate , which was already in operation , and a countervailing duty on African coal might have strengthened the industry ' s position in this part of India .