countervailing duty Synonyms
No Synonyms and anytonyms found
countervailing duty Meaning
Wordnet
countervailing duty (n)
a duty imposed to offset subsidies by foreign governments
countervailing duty Sentence Examples
- The government imposed countervailing duties on imported steel to protect domestic manufacturers.
- The trade dispute prompted the imposition of countervailing duties on foreign agricultural products.
- The Commerce Department initiated an investigation into allegations of unfair trade practices and recommended countervailing duties.
- The steel industry petitioned for countervailing duties to be imposed on subsidized imports from competing countries.
- The trade agreement allowed for the imposition of countervailing duties to address unfair competition.
- The tariff commission reviewed the evidence and determined the need for countervailing duties to level the playing field.
- The imposition of countervailing duties was met with criticism from trading partners, leading to diplomatic tensions.
- Domestic producers lobbied for countervailing duties to be extended to cover a broader range of imported goods.
- The government lifted countervailing duties on certain imports following negotiations with foreign trade partners.
- The Commerce Department monitored compliance with countervailing duties to ensure fair trade practices.
FAQs About the word countervailing duty
a duty imposed to offset subsidies by foreign governments
No synonyms found.
No antonyms found.
The government imposed countervailing duties on imported steel to protect domestic manufacturers.
The trade dispute prompted the imposition of countervailing duties on foreign agricultural products.
The Commerce Department initiated an investigation into allegations of unfair trade practices and recommended countervailing duties.
The steel industry petitioned for countervailing duties to be imposed on subsidized imports from competing countries.
