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Meaning of "countervailing duty" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF COUNTERVAILING DUTY

countervailing duty play
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GRAMMATICAL CATEGORY OF COUNTERVAILING DUTY

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Countervailing duty is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES COUNTERVAILING DUTY MEAN IN ENGLISH?

countervailing duty

Countervailing duties

Countervailing duties, also known as anti-subsidy duties, are trade import duties imposed under World Trade Organization 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.

Definition of countervailing duty in the English dictionary

The definition of countervailing duty in the dictionary is an extra import duty imposed by a country on certain imports, esp to prevent dumping or to counteract subsidies in the exporting country.

WORDS THAT BEGIN LIKE COUNTERVAILING DUTY

counterterror
counterterrorism
counterthreat
counterthrust
countertop
countertrade
countertrend
countertype
countervail
countervailable
countervailing
counterview
counterviolence
counterweigh
counterweight
counterweighted
counterword
counterwork
counterworker
counterworld

WORDS THAT END LIKE COUNTERVAILING DUTY

active duty
bounden duty
combat duty
customs duty
death duty
duty
escort duty
estate duty
export duty
guard duty
import duty
in the line of duty
jury duty
legacy duty
off duty
on duty
picket duty
point duty
sentry duty
stamp duty
traffic duty

Synonyms and antonyms of countervailing duty in the English dictionary of synonyms

SYNONYMS

Translation of «countervailing duty» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF COUNTERVAILING DUTY

Find out the translation of countervailing duty to 25 languages with our English multilingual translator.
The translations of countervailing duty from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «countervailing duty» in English.

Translator English - Chinese

反补贴税
1,325 millions of speakers

Translator English - Spanish

derechos compensatorios
570 millions of speakers

English

countervailing duty
510 millions of speakers

Translator English - Hindi

काउंटरवेलिंग ड्यूटी
380 millions of speakers
ar

Translator English - Arabic

التعويضية واجب
280 millions of speakers

Translator English - Russian

компенсационная пошлина
278 millions of speakers

Translator English - Portuguese

direito de compensação
270 millions of speakers

Translator English - Bengali

পাল্টা দেবার দায়িত্ব
260 millions of speakers

Translator English - French

droits compensateurs
220 millions of speakers

Translator English - Malay

Duti timbal balas
190 millions of speakers

Translator English - German

Ausgleichszoll
180 millions of speakers

Translator English - Japanese

相殺関税
130 millions of speakers

Translator English - Korean

상계 관세
85 millions of speakers

Translator English - Javanese

Countervailing duty
85 millions of speakers
vi

Translator English - Vietnamese

thuế đối kháng
80 millions of speakers

Translator English - Tamil

கள்ளத்தனமான கடமை
75 millions of speakers

Translator English - Marathi

Countervailing कर्तव्य
75 millions of speakers

Translator English - Turkish

Telafi edici vergi
70 millions of speakers

Translator English - Italian

dazio compensativo
65 millions of speakers

Translator English - Polish

cło wyrównawcze
50 millions of speakers

Translator English - Ukrainian

компенсаційне мито
40 millions of speakers

Translator English - Romanian

taxă compensatorie
30 millions of speakers
el

Translator English - Greek

αντισταθμιστικού δασμού
15 millions of speakers
af

Translator English - Afrikaans

comp oor reg
14 millions of speakers
sv

Translator English - Swedish

utjämningstull
10 millions of speakers
no

Translator English - Norwegian

utjevnings plikt
5 millions of speakers

Trends of use of countervailing duty

TRENDS

TENDENCIES OF USE OF THE TERM «COUNTERVAILING DUTY»

The term «countervailing duty» is regularly used and occupies the 64.865 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
70
/100
The map shown above gives the frequency of use of the term «countervailing duty» in the different countries.
Principal search tendencies and common uses of countervailing duty
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «countervailing duty».

FREQUENCY OF USE OF THE TERM «COUNTERVAILING DUTY» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «countervailing duty» during the past 500 years. Its implementation is based on analysing how often the term «countervailing duty» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about countervailing duty

EXAMPLES

10 ENGLISH BOOKS RELATING TO «COUNTERVAILING DUTY»

Discover the use of countervailing duty in the following bibliographical selection. Books relating to countervailing duty and brief extracts from same to provide context of its use in English literature.
1
Economic Effects of Antidumping and Countervailing Duty ...
This analysis consists of estimating economic effects at an economy-wide level and at the industry level.
DIANE Publishing Company, 1995
2
Antidumping and Countervailing Duty Handbook, 12th Edition
COUNTERVAILING DUTY LAW2 The first U.S. legislation that addressed unfair trade practices was a countervailing duty law passed in 1897. The provisions of that law remained essentially unchanged until 1979, when the U.S. countervailing ...
U.S. International Trade Commission
3
How the GATT Affects U.S. Antidumping and ...
Trade-Weighted Average Final Dumping and Subsidy Margins for AD-CVD Investigations Receiving Affirmative Final Injury Determinations by the ITC, 1980- 1988 Countervailing-Duty Antioumbino Investigations Investigations Trade- Weighted ...
Bruce Gregory Arnold, 1994
4
Administered protection: the political economy of U.S. ...
Inspired by and drawing from the work of many who have addressed similar and related issues of trade protectionism (e.g.
Kevin Scott Marshall, 2006
5
The antidumping and countervailing duty laws: key legal and ...
This work represents a compilation of articles previously published in the International Lawyer which examine key and often critical policy issues.
Judith Hippler Bello, Alan F. Holmer, American Bar Association. Section of International Law and Practice, 1987
6
Macroeconomic Conditions and Pressures for Protection Under ...
4 Congressional Budget Office , “How the GATT Affects U.S. Antidumping and Countervailing-Duty Policy,” (September 1994 ). 5 Coughlin, Cletus C. , Joseph V . Terza, and Noor Aini Khalifah, “The Determinants of Escape Clause Petitions ...
Mr. Michael P. Leidy, 1996
7
Trade and Development in a Globalized World: The Unfair ...
Early Countervailing Duty Laws The first American countervailing duty law was enacted in the Tariff Act of 1890 (referred to as the McKinley Tariff). This legislation imposed a countervailing duty on all refined sugar that came from any country ...
John M. Rothgeb, Benjamas Chinapandhu, 2007
8
Anti-dumping and Countervailing Action: Limits Imposed by ...
A countervailing duty could be imposed equal to 4 per unit. In addition to neutralizing the subsidy, such a countervailing duty would put an end to dumping because the export price including countervailing duty would be 100, the same as the ...
Philip Bentley, Aubrey Silberston, 2007
9
U.S.China trade Commerce faces practical and legal ...
Appendix I Objectives, Scope, and Methodology countervailing duty determinations and antidumping duties applied on similar products over the same period. We included all countervailing duty cases over this time period, as well as all ...
10
Extruded rubber thread from Malaysia
PARTI: INTRODUCTION BACKGROUND This investigation results from a request filed by North American, Fall River, MA, on June 30, 1995, requesting the continuation of the existing countervailing duty order, issued August 25, 1992, ...
United States International Trade Commission, 1998

10 NEWS ITEMS WHICH INCLUDE THE TERM «COUNTERVAILING DUTY»

Find out what the national and international press are talking about and how the term countervailing duty is used in the context of the following news items.
1
Seminar on Tax on July 16
July 16. The seminar will cover topics such as various central indirect taxes including the central excise duty, countervailing duty, service tax, ... «The New Indian Express, Jul 15»
2
USITC to conduct 5 year review on PE retail carrier bags from China …
The US International Trade Commission (USITC) has voted to conduct full five-year (“sunset”) reviews concerning the countervailing duty order ... «plastemart.com, Jul 15»
3
How a few companies are laying the foundation to make India a …
... a case related to SRF and ITC, implies that if there is no duty on domestic goods, there can't be a countervailing duty (CVD) on imports either. «Business Today, Jul 15»
4
US steel welcomes the dawn of a new era of protection
... assistance to help workers displaced by imports included new language for pursuing antidumping and countervailing duty investigations. «Platts, Jul 15»
5
Mexico renews countervailing duty on cold-rolled coil from Russia …
The countervailing duty applied to Mexican imports of cold-rolled coil from Russia and Kazakhstan was extended by five years after a review, ... «Platts, Jul 15»
6
AD/CVD update
As a result of the USITC's affirmative determinations, Commerce will issue a countervailing duty order on imports of these products from ... «Lexology, Jul 15»
7
Steep hike in liquor prices likely in Andhra Pradesh
... between 28 per cent and 37 per cent on a pre-sale point price that includes basic price, excise, countervailing duty and value-added tax. «Times of India, Jul 15»
8
Will the New Trade Law Will Affect Foreign Steel Imports?
Other provisions of the legislation further support the effective enforcement of our antidumping and countervailing duty laws by codifying ... «Steel Market Update, Jul 15»
9
Obama signs two trade bills backed by US steel industry
... which renews trade adjustment assistance and includes new trade language for pursuing antidumping and countervailing duty investigations ... «Platts, Jun 15»
10
NZ: Concerns over changes to dumping law
A public interest test would allow competition and consumer welfare elements to be considered before an anti-dumping or countervailing duty ... «FreshPlaza, Jun 15»

REFERENCE
« EDUCALINGO. Countervailing duty [online]. Available <https://educalingo.com/en/dic-en/countervailing-duty>. Apr 2024 ».
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