Countervailing duties

Special customs duties imposed o imports to offset the benefits of subsidies to producers or exporters in the exporting country. Article VI of the General Agreement on Tariff and Trade (GATT) – now World Trade Organization (WTO) – permits the…

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Countervailing measures

A measure by the importing country, in the form of additional duties, to offset the subsidies given to exporters in the exporting countries.

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Country of origin

The nation in which referenced goods were grown, manufactured or produced, or for some customs valuation criteria, substantially transformed. See customs valuation.

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