Explore commonly used personal finance terms.
Anti-dumping duty is a tariff imposed on imported goods priced below fair market value, intended to protect domestic industries from unfair competition. This duty prevents foreign companies from “dumping” products at lower prices to gain market share, which could harm local producers. By levying anti-dumping duties, governments aim to level the playing field for domestic businesses, supporting local employment and economic stability. It is part of broader trade policy strategies to regulate international trade.
