What is antidumping tariff?

An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value.

What is the difference between dumping and antidumping?

Antidumping duties are assessed when it is determined that foreign suppliers or manufacturers are selling goods in the United States at a less-than-fair market value. Dumping occurs when goods are sold at a price less than that of the exporter’s home market, or at a price lower than the goods’ cost of production.

Who pays antidumping duty?

importers of record
The antidumping duty law requires “importers of record” to pay the duty because these are the people who submit the paperwork to the U.S. Customs Bureau to import goods into the United States and are considered the responsible party.

What is an antidumping law?

Antidumping laws seek to prevent products manufactured overseas from being sold by foreign firms in the U.S. at “less than fair value.” Countervailing duties seek to offset the subsidies that foreign governments provide for some exporting firms by imposing duties on the goods these firms export to the U.S.

What is antidumping practice by WTO?

If a company exports a product at a price lower than the price it normally charges on its own home market, it is said to be “dumping” the product. The WTO Agreement does not regulate the actions of companies engaged in “dumping”.

What is antidumping and countervailing duties?

Antidumping and countervailing duties are intended to offset the value of dumping and/or subsidization, thereby leveling the playing field for domestic industries injured by such unfairly traded imports.

How is the amount of the antidumping duty determined?

The duty is priced in an amount that equals the difference between the normal costs of the products in the importing country and the market value of similar goods in the exporting country or other countries that produce similar products.

How long do antidumping duties last?

Anti-dumping measures must expire five years after the date of imposition, unless an investigation shows that ending the measure would lead to injury.

What are antidumping and countervailing duties?

What is the difference between countervailing and antidumping?

What is the difference between anti-dumping duty and countervailing duty CVD? Anti-dumping duties are levied on goods that are imported at a substantially low price whereas countervailing duties are levied on subsidized products in the originating or exporting country.

What is the difference between safeguard duty and antidumping duty?

Unlike anti-dumping and countervailing measures, which concern the products of only one or a couple of countries of origin, safeguard measures concern all imports of certain goods from third countries, i.e. from non-EU countries. Developing countries may, however, be excluded from the application of the measures.

What are the antidumping and countervailing laws under NAFTA?

Under the NAFTA, Canada, Mexico and the United States retain the right to apply their antidumping and countervailing duty laws to goods imported from another NAFTA country.

What is drawback and duty deferral under NAFTA?

The NAFTA provisions on drawback and duty deferral will apply to goods imported into Canada or the United States and subsequently exported to Mexico, or imported into Mexico and subsequently exported to Canada or the United States, on or after January 1, 2001.

Can a private party contest an administrative decision under NAFTA?

Private parties wishing to contest an administrative decision respecting goods of a NAFTA country may request that a panel be established. In such cases, the panel process will substitute for domestic judicial review in the country where the administrative decision was made.

When can duties be refunded under NAFTA?

Should a claimant subsequently obtain satisfactory evidence, the duties may be refunded to the extent allowed, upon timely presentation of the evidence according to the laws and regulations of each NAFTA country. For information about duty deferral procedures in ACE, please go to the Duty Deferral in ACE site page.