Countervailing Duty
An additional tariff imposed to offset the effect of subsidies provided by foreign governments to their exporters.
Frequently Asked Questions
What is Countervailing Duty?
An additional tariff imposed to offset the effect of subsidies provided by foreign governments to their exporters.
Why is countervailing duty important for US importers?
Understanding countervailing duty is essential for importers to correctly classify goods, calculate duties, and maintain compliance with US Customs and Border Protection (CBP) regulations.