countervailing duty

British  

noun

1. an extra import duty imposed by a country on certain imports, esp to prevent dumping or to counteract subsidies in the exporting country

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Example Sentences

The Commerce Department will issue antidumping duty orders and countervailing duty orders on such imports as a result.

From The Wall Street Journal

The 10-percent lumber tariff stacks on anti-dumping and countervailing duties the country faces, and the United States recently more than doubled these to 35 percent.

From Barron's

The request was circulated to WTO members on Aug. 15, the body said, adding that Indonesia argues that the EU countervailing duties and the investigation that led to their imposition are inconsistent with WTO provisions.

From Reuters

"In view of the changes in China's barley market, it is no longer necessary to continue to impose anti-dumping duties and countervailing duties on imported barley from Australia," China's commerce ministry said.

From BBC

India is considering imposing countervailing duties on steel imports from China, after applying an anti-dumping duty on stainless steel imports last year.

From Reuters