Home > Terms > English, UK (UE) > Countervailing duty
Countervailing duty
A tariff levied against imports that are subsidised by the exporting country's government, designed to offset (countervail) the effect of the subsidy.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
- Product:
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