Definitions
There is 1 meaning of the phrase
Countervailing Duty.
Countervailing Duty - as a noun
A duty imposed to offset subsidies by foreign governments
Example Sentences
"The countervailing duty was implemented in response to unfair subsidies given to foreign manufacturers."
"The countervailing duty helped level the playing field for domestic companies against their foreign competitors."
"The countervailing duty was intended to offset the negative impact of foreign subsidies on the local industry."
"The countervailing duty was imposed to address the unfair advantage foreign producers had due to government subsidies."
"The countervailing duty effectively reduced the influx of cheap imported goods into the local market."
