An anti-dumping duty represents a protectionist duty or tariff charged to imports being produced in a foreign country whose price is below the average domestic market value of comparable commodities. By imposing anti-dumping duties on foreign imports, the local trade regulating body judges the goods to be “dumped” in the local market – as a result of the low prices. Therefore, an anti-dumping duty is aimed at protecting domestic companies and markets against any unfair foreign competition.
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The Alibaba.com Team
Alibaba.com is the leading platform for global wholesale trade serving millions of buyers and suppliers around the world. Through Alibaba.com, small businesses can sell their products to companies in other countries. Sellers on Alibaba.com are typically manufacturers and distributors based in China and other manufacturing countries such as India, Pakistan, the United States and Thailand.