Anti-dumping Duties-What is the anti-dumping?
Overview of anti-dumping duties
Anti-dumping duties imposed by importing countries on the dumping of imported goods in the domestic implementation of an import surcharge, and purpose dumping boycott of foreign goods to domestic production and market of serious harm. The so-called dumping exporters to lower than its domestic market price or below the normal value of the behavior of commodity sales in other countries. The governments of importing countries to protect domestic industry from the impact of the dumping of foreign goods, it is possible to consider the implementation of the dumping of products to impose anti-dumping little tax. Anti-dumping duty is generally levied according to the dumping margin to offset the difference between the dumping of commodity prices and normal prices; accused of dumping goods exporters to make a "price promise" (Price Undertaking) is willing to raise the export prices of its products or stop dumping, the relevant departments of the importing country that this approach is sufficient to eliminate the damage caused by the dumping practices, can also suspend or terminate anti-dumping investigations, not to take temporary anti-dumping measures or not to be anti-dumping duties.
Dumping and anti-dumping issues
World Trade Organization on the implementation of the GATT 1994 Article VI agreement "(also known as" anti-dumping Code of Practice ") in the implementation of the anti-dumping measures the basic elements, anti-dumping measures, the collection of anti-dumping duties and price commitment as well as anti-dumping the basic procedures of the measures is clearly stated. However, due to the awareness of Member States identified for dumping the meaning of the "normal value", the anti-dumping implemented, there are some differences, coupled with the proliferation of international trade protectionism, since the nineties of last century, expansion of anti-dumping trend is clearly strengthened. The importing country by the protracted anti-dumping investigation on imported products and impose high anti-dumping duties to restrict imports of goods, to make it become one of the important measures of contemporary new non-tariff barriers.
