countervailing duty

Definitions

  • WordNet 3.6
    • n countervailing duty a duty imposed to offset subsidies by foreign governments
    • ***

Usage

In literature:

The Council of India put on countervailing duties to protect their homegrown cane from the bounty-fed beet.
"Creative Chemistry" by Edwin E. Slosson
Countervailing duty on corn, 64, Pref.
"Letters of David Ricardo to Thomas Robert Malthus, 1810-1823" by David Ricardo
From 1899 to 1904 a countervailing duty was imposed on bounty-fed beet sugar.
"Encyclopaedia Britannica, 11th Edition, Volume 14, Slice 4" by Various
***

In news:

Navigating The Complexities Of Antidumping And Countervailing Duties.
The US Commerce Department has initiated antidumping and countervailing duty investigations of hardwood and decorative plywood imports from China.
WASHINGTON — The US Department of Commerce has announced it plans to delay the issuing of preliminary results in its countervailing duty investigation of Chinese hardwood plywood until Feb 26.
The US Department of Commerce released the preliminary results in its countervailing duty (CVD) investigation of coated paper from China and Indonesia.
***