anti-dumping duties
Anti-dumping duties refer to a form of trade protection imposed by a government on imported goods, meant to counteract the practice of dumping. Dumping occurs when foreign companies sell their products in another country at a price below their normal value or production costs, often leading to unfair competition and harming domestic industries. The anti-dumping duties aim to level the playing field by imposing additional fees or tariffs on the dumped goods to prevent damage to the domestic industry.
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