anti-dumping duty

Definition of "anti-dumping duty"
  1. A tax applied to prevent cheaper foreign products, due to subsidies, from harming domestic industries
How to use "anti-dumping duty" in a sentence
  1. The government implemented an anti-dumping duty to protect local textile industries against cheap imports.
  2. To secure the local steel industry, an anti-dumping duty was put on subsidized foreign steel.
  3. Due to the anti-dumping duty, imported electronic goods have become more expensive.

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