• An anti-dumping duty is a protective tariff that a country’s government imposes on foreign imports that it judges to be below fair market value.

  • To protect their economies, many countries impose duties on goods that they believe are being dumped in their national market; this is done on the grounds that these products could undermine local businesses and the local economy.
  • While the goal of anti-dumping duties is to preserve domestic jobs, these tariffs can also lead to higher prices for domestic consumers.
  • In the long term, anti-dumping duties may reduce international competition for domestic companies producing similar products.
  • In the US, the International Trade Commission (ITC), an independent government agency, has been tasked with imposing anti-dumping duties.
  • The World Trade Organization (WTO), the international organization dealing with the rules of trade between countries, also administers a set of international trade rules, including the international regulation of anti-dumping measures.