Phrases with «countervailing duties»

"Countervailing duties" are taxes or tariffs imposed on imported goods to neutralize the unfair advantage gained by foreign companies due to subsidies they receive from their own governments. They are intended to level the playing field for domestic industries and protect them from unfair competition. Full definition

Sentences with «countervailing duties»

  • Despite a threat by the U.S. Department of Commerce to slap a 219 per cent countervailing duty on jets made by Montreal's Bombardier, however, Canadian Foreign Minister Chrystia Freeland was resolutely upbeat when she faced the media. (macleans.ca)
  • The U.S. Department of Commerce then launched its anti-dumping duty and countervailing duty investigations in mid-December. (thechronicleherald.ca)
  • Then, the only fight left was over the roughly $ 5 billion US held by the US administration in countervailing duties and anti-dumping tariffs. (thetyee.ca)
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