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Anti Dumping Duty Unreasonable trade procedures usually consist of dumping, or paying illegal subsidies. Dumping exists when an exporter in a third country sells particular goods on the export market more cheaply than on its domestic market. Trade sanctions in the form of extra, targeted, duties (anti-dumping duties) or insistence upon importers agreeing a certain level of prices (price undertakings) can be applied to imports which cause significant economic difficulties, because of unfair trade practices. Sanctions are usually introduced after considering the request made by producers of a particular product about unfair competition. |
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