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Qu'est-ce (qui) est countervailing duty - définition

MEANS TO RESTRICT INTERNATIONAL TRADE

Countervailing duty; Countervailing measures; Matching duty; Counter-vailing duties; Counter-availing tax

countervailing duty

¦ noun an import tax imposed on certain goods in order to prevent dumping or counter export subsidies.

Countervailing Duty

An extra charge that a country places on imported goods to counter the subsidies or bounties granted to the exporters of the goods by their home governments. The duty is allowed by the Code on Subsidies and Countervailing Duties negotiated at the Tokyo Round, if the importing country can prove that the subsidy would cause injury to domestic industry. U.S. countervailing duties can only be imposed after the International Trade Commission has determined that the imports are causing or threatening to cause material injury to a U.S. industry.

Countervailing duties

Countervailing duties (CVDs), also known as anti-subsidy duties, are trade import duties imposed under World Trade Organization (WTO) rules to neutralize the negative effects of subsidies. They are imposed after an investigation finds that a foreign country subsidizes its exports, injuring domestic producers in the importing country.

https://en.wikipedia.org/wiki/Countervailing_duties

Wikipédia

Countervailing duties

Countervailing duties (CVDs), also known as anti-subsidy duties, are trade import duties imposed under World Trade Organization (WTO) rules to neutralize the negative effects of subsidies. They are imposed after an investigation finds that a foreign country subsidizes its exports, injuring domestic producers in the importing country. According to World Trade Organization rules, a country can launch its own investigation and decide to charge extra duties, provided such additional duties are in accordance with the GATT Article VI and the GATT Agreement on Subsidies and Countervailing Measures.

Since countries can rule domestically whether domestic industries are in danger and whether foreign countries subsidize the products, the institutional process surrounding the investigation and determinations has significant impacts beyond the countervailing duties.

Countervailing duties in the U.S. are assessed by the International Trade Administration of the U.S. Department of Commerce which determines whether imports in question are being subsidized and, if so, by how much. If there is a determination that there is material injury to the competing domestic industry, the Department of Commerce will instruct U.S. Customs and Border Protection to levy duties in the amount equivalent to subsidy margins.

Petitions for remedies may be filed by domestic manufacturers or unions within the domestic industry, but the law requires that the petitioners represent at least 25% of the domestic production of the goods for which competition is causing material injury.

https://en.wikipedia.org/wiki/Countervailing duties

Exemples du corpus de texte pour countervailing duty

1. The countervailing duty is in addition to normal customs duties.

2. If both agencies make affirmative determinations, Commerce typically publishes a countervailing duty order, which requires the imposition of a special duty – known as a "countervailing duty" – to offset the amount of subsidization found to exist.

3. In addition, Mexico passed amendments to its antidumping and countervailing duty laws in December 2002.

4. International Trade Commission (USITC) in the countervailing duty investigation on dynamic random access memory semiconductors (DRAMs) from Korea.

5. Pakistan‘s readiness to export cement to India came in the backdrop of the government doing away with countervailing duty and additional customs duty, making imports more viable.