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anti-dumping duty

anti-dumping duty

6.8
A tax on cheap imported goods to protect local businesses
  • noun
  • /ˈæn.tiˌdʌm.pɪŋ ˈduː.ti/
  • Specialized
translation icon : derecho antidumping
  • The government imposed an anti-dumping duty on steel imports to protect local manufacturers from unfair pricing.

Examples

  • Having witnessed this expensive process, ECAT considered whether an anti-dumping duty of six one hundredths or six tenths of one percent really has any impact on the flow of trade.

    Academic text (1991)
  • The Department of Defense buys two million pairs of boots every year, and the Department of Commerce imposes anti-dumping duties on liquid crystal displays for laptop computers.

    Academic text (1993)
  • The fourth recommendation involved a sunset provision where anti-dumping duty cases would be limited to five years.

    Academic text (1991)
  • In a matter of days, anti-dumping cases have been accepted, processed, and anti-dumping duties applied, without any opportunity for the parties to respond.

    Academic text (1991)
  • The third recommendation was that in cases where materials in the production process are in short supply domestically, anti-dumping duties should not be imposed against them so as to make the imported product more expensive.

    Academic text (1991)
  • The purpose of this finite period is to establish a point at which the anti-dumping duties will either be removed or liberalized, unless at the end of the period there is a reason to believe that the anti-dumping duty should be continued.

    Academic text (1991)
  • The purpose of this finite period is to establish a point at which the anti-dumping duties will either be removed or liberalized, unless at the end of the period there is a reason to believe that the anti-dumping duty should be continued.

    Academic text (1991)
  • The reality is that we should look at it sector by sector, and really, as a general principle in the free trade area, we probably should not have anti-dumping duties or countervailing duties because they can be used as a tremendous harassment tool for exporters.

    Academic text (1997)
  • It would be a little inconsistent to say we are not renegotiating anything, but then try to herald the fact that we have negotiated a bilateral agreement with Chile on the elimination of anti-dumping duties.

    Academic text (1997)
  • We hope Iraq is kind of a stalking horse in the United States between those negotiations, although knowledgeable people well know that in the Canada/Chile Free Trade Agreement we abandoned anti-dumping duties between our two jurisdictions, which clearly would cause considerable sounds of alarm in Washington if that was trying to worm its way into any expansion in NAFTA.

    Academic text (1997)

Synonyms

protective tariff
vsanti-dumping duty
  • Specialized
1 6.6

A tax on goods from other countries that makes them more expensive to help local businesses

targets only imports believed to be sold below fair market value
antidumping
vsanti-dumping duty
  • Formal
1 6.0

A tax on imports to stop them being sold for less than their normal price

is a government charge applied specifically as a tariff

How Protective

embargo
  • Formal
150 6.8
countervailing duty
  • Formal
1 8.6
anti-dumping duty
  • Specialized
6.8
tariff
270 5.6
free trade
57 3.5

Surface Forms

Morphology

anti-dumping + duty

The components 'anti-' (against) and 'duty' (a government tax on goods) make it plausible for a learner to infer this is a tax applied against some practice. However, 'dumping' here is a specialized trade sense (selling below fair market value) that an average B1 learner is unlikely to know from the everyday meaning of 'dump'. Because understanding the full legal/trade meaning requires domain knowledge, the expression is partially but not fully predictable.

Etymology

The term anti-dumping duty comes from the image of foreign sellers dumping goods — selling them very cheaply in another country — and a duty is a 'tax' on those goods. So the charge is used to stop unfair low prices and protect local industries.